A new “Black Monday”—oil and stocks plunge amid coronavirus concerns

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 92%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

On the new “Black Monday”, oil prices crashed, stocks slumped and trading was halted on Wall Street. chowardchoward and our Buttonwood columnist explain what sparked the crude oil price war in “Money Talks”

from a new “Black Monday” which saw oil prices tumble and stocks plunge in the most brutal day for the market since the global financial crisis of 2007-2009.

Slumping demand caused by the spread of the novel coronavirus has sparked a crude-oil price war. What are the ramifications? And, how the virus is boosting a

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

chowardchoward SuddenStop feraagra jorgearturosaza

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:

 /  🏆 6. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines