News Formal

Dow drops 1,000 points as coronavirus sparks stock market meltdown – live updates

  • 📰 The Telegraph
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Global stock markets have turned into a bloodbath, with panicked investors selling off shares in droves on fears the coronavirus will send shockwaves through the global economy.

Taxpayers were forced to foot a redundancy bill of almost £350m last year after a string of household shopping names were brought to their knees by the crisis on the high street. The public paid out £346m to cover redundancies at failed firms including a wave of retailers and bust package holiday business Thomas Cook.

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:

 /  🏆 41. in US
 

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

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks plummet over coronavirus fearsThe Dow Jones Industrial Average plunged nearly 1,000 points on Monday morning as international health officials warned the deadly coronavirus could possibly cause a global pandemic amid a rise of About time. Stocks have been overpriced for ages.
Source: The Independent - 🏆 80. / 59 Read more »

Stock markets slump as coronavirus spreads in Europe – business liveRolling coverage of business, economics and markets amid concerns over extent of outbreak beyond China
Source: The Guardian - 🏆 84. / 53 Read more »