Equities markets and the crypto market continue to struggle as Europe and the United States enact increasingly drastic measures to ward off the spread of the Coronavirus. Among the general public and investors, there is a feeling that world governments have drug their feet in responding to what is clearly an urgent crisis, thus major markets continue to tumble.
The Dow opened sharply down, triggering the circuit breaker which halted trading for 15 minutes. Despite the intervention and a live statement from President Trump, the Dow is down 7% and the S&P 500 has dropped by 6%.
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