US stocks suffer massive losses on mounting fears over coronavirus spreading ...News

Economy by : (Russia Today) -
Dow Jones and S&P 500 stock indexes tanked as trading in the US opened on Monday following an earlier sell off in European and Asian markets amid concerns the coronavirus epidemic may lead to a prolonged global economic slowdown. The Dow Jones Industrial Average shed more than 900 points or 3.2 percent – the biggest one-day point loss since February 2018, when it fell more than 1,000 points. The S&P 500 plummeted more than 3 percent and the Nasdaq Composite was down nearly 4 percent after the opening bell. Also on rt.com Coronavirus sends global stock markets in tailspin ami

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