All major US stock indexes plunged sharply at the start of the session, passing a 7% loss threshold that triggered a 15-minute market-wide trading halt. The Dow Jones Industrial Average lost 7.8% for the day, its sharpest one-day loss since October 2008. Fears over the spread of coronavirus had already been tanking stocks, and the latest session saw a selling frenzy as a global price war triggered the biggest drop in oil prices since 1991.
A spokesperson for the startup, which was last valued at $7.6 billion, told Business Insider via email that the latest outage wasn't related to issues that plagued the trading app last week. Outages last Monday and into Tuesday hit all its 10 million accounts during volatile trading sessions, and furious users vented their outrage on social media.
Daylight savings time
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market crash: How coronavirus sell-off causes next credit crisis - Business Insider'Much worse than 2008': An expert who foresaw the dot-com crash warns the stock market's recent turmoil has kicked off another full-blown financial crisis Well I mean yeah,it’s not so much the virus that’s gonna cause it directly.But those who are really really worried about this and anxious of the outcome in the coming months. I live in Nova Scotia,Canada no reports yet.And we’re running low/out of toilet paper hand soap and more! Convenient in an election year.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trump said he 'didn't know people died from the flu' - Business Insider'I never heard those numbers,' Trump said during a visit to CDC headquarters. 'I would've been shocked.' Who wants to pay me for being right? realDonaldTrump he's a moron how long is going to take people to realize this man has the intelligence level of a 5 y/o. Also he is a habitual liar. I dont think he can tell the truth honestly. StupidThingsTrumpHasDone Blessed to be watched for from well above my sympathy President Trump
Source: BusinessInsider - 🏆 729. / 51 Read more »
SUCCESS INSIDER: Harvard, HR leaders, Honeywell, Shark Tank, Bain - Business InsiderOur regular newsletter for getting things done. Like how the most inspiring HR leaders transforming their company's cultures.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Elon Musk says college isn't for learning, not required at Tesla - Business InsiderElon Musk says college is 'basically for fun' but 'not for learning,' and that a degree isn't 'evidence of exceptional ability' He's right. Not wrong He’s not wrong. Society would be much better served if we focused as much on a child from 0-5 than college, after that the die is 90% cast
Source: BusinessInsider - 🏆 729. / 51 Read more »