Dow drops 1,500 points as oil price plunge shocks markets

THE DOW Jones Industrial Average lost 1,582 points, or 6.1%, to start the day Monday. / AP FILE PHOTO/ RICHARD DREW
THE DOW Jones Industrial Average lost 1,582 points, or 6.1%, to start the day Monday. / AP FILE PHOTO/ RICHARD DREW
NEW YORK (AP) — Fear gripped financial markets around the world Monday as stock prices and bond yields plunge on worries about the effects of a new coronavirus. The most violent drops came from the oil markets, where prices cratered more than 20%. But moves in stocks and bond yields were nearly as breathtaking. In…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display