Worst one-day stock drop on wall Street – coronavirus

Because of coronavirus in the US, it was the worst day in the last ten years on wall street:on Monday, the shares fell as the panic that started in the oil market, has gripped the global financial system, reinforcing fears the already concerned investors about the state of the world economy.

The S & P 500 index, which has dropped 12 percent from the maximum of the end of February, continued to fall Monday, 9 March, 7.6 percent. A sudden downdraft meant that trades in the United States were automatically suspended at the beginning of the day — a rare occurrence designed to prevent the fall of the shares, but resumed after a 15-minute delay. Industrial index Dow Jones fell 2000 points.

The drop on Monday was the worst in the United States since December 2008, when the country has still not recovered from the collapse of Lehman Brothers and the crisis of the real estate market that led the economy into recession. He put the index almost 20 percent below its record high, falling, which would end a bullish stock market, which started 11 years ago.

Important:we recommend to watch the first symptoms of the coronavirus in humans and preventive measures to reduce the chance of infection. A graph that is on the main page of our project is a detailed online map of coronavirus with data updates every 15 minutes.

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