Trading on Wall Street was temporarily halted early Monday as US stocks joined a global rout on crashing oil prices and mounting worries over the coronavirus.[NEW YORK] Trading on Wall Street was temporarily halted early Monday as US stocks joined a global rout on crashing oil prices and mounting worries over the coronavirus.
The suspension was triggered after the S&P 500's losses hit seven per cent. Near 1340 GMT, the broad-based index was down more than 200 points at 2,764.21. The Dow Jones Industrial Average sank 7.3 per cent to 23,979.90, while the tech-rich Nasdaq Composite Index fell 6.9 per cent to 7,987.44.
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:
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 to watch: Singtel, SATS, Sasseur Reit, UOB, Roxy-Pacific, BreadTalkTHE following companies saw new developments that may affect trading of their securities on Monday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hot stocks: Oil-related shares take beating after Riyadh sparks price warSINGAPORE-LISTED oil-related stocks are facing large sell-offs on Monday after Opec (Organization of the Petroleum Exporting Countries) and its allies failed to agree to an output cut amid the Covid-19 outbreak. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore stocks: STI loses 4.5% on Monday afternoonSINGAPORE equities resumed trading on Monday afternoon in negative territory following a steep selloff due to escalating worries over the economic repercussions of Covid-19 as well as a sharp fall in oil prices. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Oil-related stocks take big hits on Monday, STI down 6%SINGAPORE equities faced strong sell-offs on Monday as fears continue to escalate over Covid-19 but the local market's oil-related stocks were the most affected after sharp falls in oil prices. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Europe: London, Frankfurt stocks slump 8%; Paris sinks 4%[LONDON] The British and German stock markets slumped over 8 per cent and French equities shed 4 per cent in opening deals on Monday in a fierce selloff rooted in crashing oil prices. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »