Stock market news live: Dow plunges 10% in biggest one-day percentage drop since 1987 [DailyFinance (AOL.com)]
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Source: DailyFinance
NCAA cancels men’s and women’s basketball tournaments amid pandemic Stock market news live: Dow plunges 10% in biggest one-day percentage drop since 1987 Share Javier E. David Mar 12th 2020 4:10PM U.S. stocks tumbled by more than 7% Thursday before recovering some losses, with Wall Street poised to extend its historically ugly sell-off, after President Donald Trump announced new plans intended to contain the human toll and economic impact of the worsening outbreak that Amid heightened market turmoil, the New York Federal Reserve stepped in midday The major infusion of liquidity comes as The World Health Organization officially designated Growing alarm about the severity of the pathogen — and the economic toll — has sent markets into a tailspin. Weeks of panic-driven selling has dragged blue-chip stocks into bear market territory less than a month from peak to trough In a televised address, Trump said he was planning to suspend travel However, the speech sparked widespread confusion —
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