Traders at the New York Stock Exchange (NYSE) on March 9, 2020. Photo: Xinhua Traders at the New York Stock Exchange (NYSE) on March 9, 2020. Photo: Xinhua
Traders at the New York Stock Exchange (NYSE) on March 9, 2020. Photo: Xinhua

Dow Jones index plunges, following Asia’s equity blood bath as US Fed makes second surprise rate cut to stave off recession

  • Dow Jones index plunged by more than 10 per cent, following a region-wide rout in Asia-Pacific stock markets on Monday, spooked by the US Fed’s second emergency rate cut in as many weeks
  • Hang Seng falls 4 per cent; has closed down six of last seven sessions

Topic |   China stock market
Traders at the New York Stock Exchange (NYSE) on March 9, 2020. Photo: Xinhua Traders at the New York Stock Exchange (NYSE) on March 9, 2020. Photo: Xinhua
Traders at the New York Stock Exchange (NYSE) on March 9, 2020. Photo: Xinhua
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