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Wall St halts trading for third time in a week as market plunge continues | Sky News Australia

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Trading has been halted for a third time in six days on Wall Street after the S&P 500 plunged over nine per cent at the open.

Trading has been halted for a third time in six days on Wall Street after the S&P 500 plunged over nine per cent at the open. The automatic circuit-breaker was driven by mounting fears the coronavirus outbreak is having on the global economy.

America's central bank, the Federal Reserve, slashed its benchmark interest rate to near zero overnight in an attempt to help the US economy come through the COVID-19 outbreak but its attempt to bolster confidence only added to the sense of panic among investors. Image: AP

 

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