Suspension of trading on Wall Street after recording major losses

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Wall Street For the third time in 6 days, as merchants responded to radical actions on the weekend of The Federal Reserve (US Central Bank) to stave off the global recession.

The second emergency rate cut by the US Central Bank in just two weeks added more panic among investors, who were worried that a virus epidemic Sk The new Seychelles supply chains and puts pressure on corporate funds.

The latest economic figures from China earlier on Monday showed a drop in industrial production data, the lowest in three decades, which confirms the damage to the second largest economy in the world.

According to the Chinese News Agency, Xinhua, the value-added industrial output, which is an important economic indicator, decreased by 13.5 percent year on year during the first two months of 2020, as the outbreak of the new Corona virus disrupted factory activities and supply chains, according to data issued by the Department. The State Statistics Office on Monday.

At 9:30 am EST, the Dow Jones Industrial Average decreased by 2250.46 points, or 9.71 percent, to settle at 203535.16, the Standard & Poor’s 500 Index decreased by 220.55 points, or 8.14 percent, to 2490.47, while the Nasdaq fell 482.15 points or 6.12 percent at 7,392.73.

If the S & amp; P 500 drops 13 percent once trading resumes, this will trigger the Level 2 circuit breaker and stop trading again for 15 minutes.

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The Standard & Poor’s 500 Index fell 8 percent at the opening on Monday, resulting in a 15-minute automatic pause for the three major indices in Wall Street For the third time in 6 days, as merchants responded to radical actions on the weekend of The Federal Reserve (US Central Bank) to stave off the global recession.

The second emergency rate cut by the US Central Bank in just two weeks added more panic among investors, who were worried that a virus epidemic Sk The new Seychelles supply chains and puts pressure on corporate funds.

The latest economic figures from China earlier on Monday showed a drop in industrial production data, the lowest in three decades, which confirms the damage to the second largest economy in the world.

According to the Chinese News Agency, Xinhua, the value-added industrial output, which is an important economic indicator, decreased by 13.5 percent year on year during the first two months of 2020, as the outbreak of the new Corona virus disrupted factory activities and supply chains, according to data issued by the Department. The State Statistics Office on Monday.

At 9:30 am EST, the Dow Jones Industrial Average decreased by 2250.46 points, or 9.71 percent, to settle at 203535.16, the Standard & Poor’s 500 Index decreased by 220.55 points, or 8.14 percent, to 2490.47, while the Nasdaq fell 482.15 points or 6.12 percent at 7,392.73.

If the S&P 500 fell 13 percent once trading resumed, this would trigger the Level 2 circuit breaker and stop trading again for 15 minutes.







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