The Associated Press reports:
Coronavirus fears and a crash in oil prices sent a shudder through financial markets 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 plunged more than 2,000 points at one point during the day, or nearly 8 percent, and European markets entered a bear market, registering their heaviest losses since the darkest days of the 2008 meltdown, as the damage mounted from the crisis that has closed factories, schools and stores and led to travel bans and unprecedented quarantines.
Trump already owns the ten largest single-day point drops in the history of the Dow Jones.
Five of those have come in the last month.
The largest was a 1,200 point drop.
The market is currently down 1,800 points.
— The Hoarse Whisperer (@HoarseWisperer) March 9, 2020
BREAKING: The Dow Jones industrial average is now down 2,100 points, or 8%, in just one day. The Dow is now just 10% higher than it was on inauguration day in 2017. https://t.co/bcNBHPPZAR
— Damian Paletta (@damianpaletta) March 9, 2020
— E. Jean Carroll (@ejeancarroll) March 9, 2020
— Dr. John Grohol (@DocJohnG) March 9, 2020