New York Stock Exchange suffered the most severe loss in 11 years due to the collapse of oil prices and Corona

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The Wall Street suffered its heaviest daily loss in more than 11 years, in a decline caused by the collapse of oil prices due to the price war launched by Saudi Arabia on Russia and the outbreak of the Corona virus emerging in the world.

The Dow Jones industrial average losses at the close of 7.79 percent, as it fell to 23.85102 points, losing more than two thousand points. As for the Nasdaq index, which is dominated by technology companies, its losses reached 7.29 percent, closing at 7,95068 points. The Standard & Poor’s 500 Index, in turn, tumbled 7.60% to settle at 2.74656 points.

In comparison to the population of the United States, the loss incurred by the New York Stock Exchange is equivalent to $ 5682 per person.



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