Monday morning’s stock-market turmoil followed a week of wild swings and volatility amid the coronavirus pandemic. Photo: Xinhua
Monday morning’s stock-market turmoil followed a week of wild swings and volatility amid the coronavirus pandemic. Photo: Xinhua

Dow plunges 3,000 points for biggest one-day drop ever, despite Donald Trump’s and Federal Reserve’s efforts to soothe US coronavirus worries

  • Index sheds 13 per cent after a week of extreme market swings and volatility as coronavirus outbreak sweeps the world
  • Fed cut the benchmark interest rate by another 1 per cent, just 12 days after announcing a cut of 0.5 per cent

Monday morning’s stock-market turmoil followed a week of wild swings and volatility amid the coronavirus pandemic. Photo: Xinhua
Monday morning’s stock-market turmoil followed a week of wild swings and volatility amid the coronavirus pandemic. Photo: Xinhua
READ FULL ARTICLE