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US Markets Crash Again As Dow Plunges 1,700 Points In Early Trade
12 Mar 2020, 07:26 PM IST
Trading in US markets was halted for the second time this week after Dow Jones Industrial Average Index slipped 1,700 points in early trade on Thursday. US equities plunged 7 per cent, triggering a NYSE circuit breaker that halts trading for 15 minutes, news agency Bloomberg reported.
Futures also fell 7 per cent and were halted. Meanwhile, European stocks tumbled more than 8 per cent during the day's trade.
According to Bloomberg, President Donald Trump's travel ban on Europe and tepid fiscal measures sparked the latest leg down in risk assets.
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