NEW YORK, United States â Traders work the floor of the New York Stock Exchange (NYSE) on March5, 2020 in New York City. (Photo: AFP)
March 8, 2020
US stocks trade halted for 15 minutes after bruising open
NEW YORK, United States (AFP)— 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 percent. 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 percent to 23,979.90, while the tech-rich Nasdaq Composite Index fell 6.9 percent to 7,987.44.