Traders look on as things go pear-shaped on the floor of the New York Stock Exchange on March 13, 2020. Photo: Reuters Traders look on as things go pear-shaped on the floor of the New York Stock Exchange on March 13, 2020. Photo: Reuters
Traders look on as things go pear-shaped on the floor of the New York Stock Exchange on March 13, 2020. Photo: Reuters

Coronavirus turns stock markets into the wildest ride on the planet – and that’s not likely to change soon

  • US Fed moves this morning to cut interest rates to near zero, boost bond holdings by US$700 billion; US futures plunge
  • US$7.7 trillion was wiped out in global market capitalisation last week

Topic |   Stocks
Traders look on as things go pear-shaped on the floor of the New York Stock Exchange on March 13, 2020. Photo: Reuters Traders look on as things go pear-shaped on the floor of the New York Stock Exchange on March 13, 2020. Photo: Reuters
Traders look on as things go pear-shaped on the floor of the New York Stock Exchange on March 13, 2020. Photo: Reuters
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