Stocks briefly halted for trading as markets crater even after Fed intervenes to calm markets
U.S. stocks plunged Monday and were briefly halted for trading after the Federal Reserve took emergency action to cushion the economy from the coronavirus pandemic that is shutting down global business and travel.The Dow Jones Industrial Average plunged more than 2,200 points and the benchmark Standard & Poor’s 500 index dropped more than 7% — briefly triggering an automatic shock absorber for 15 minutes after the opening bell — after the central bank cut interest […]
