Coronavirus fears and a crash in oil prices sent a shudder through financial markets on Monday, with stocks plummeting so fast on Wall Street that they triggered the first automatic halt in trading in over two decades.
The Dow Jones Industrial Average plummeted 1,600 points, or 6 percent, following similar drops in Europe after a fight among major crude-producing countries jolted investors already on edge about the widening fallout from the outbreak of the new coronavirus. (AP)
Italy facing the specter of recession
Consumer spending, industrial production hurtled
A woman walks past empty shelves at a supermarket in Paris, on March 9, 2020. Global share markets have plunged as panicked investors fled to the safety of bonds and the yen to hedge the economic trauma of the coronavirus. (AP)