This Article is From Mar 12, 2020

Wall Street Resumes Trading After 7% Slide Triggers Halt

All three main indexes have now fallen over 24 per cent from their intraday record highs hit in February.

Wall Street Resumes Trading After 7% Slide Triggers Halt

US stock indexes resumed trading on Thursday after being halted for 15 minutes, as the benchmark S&P 500 index plunged 7 per cent and triggered an automatic cutout shortly after the opening bell, for the second time this week.

Wall Street sank into a bear market as a shock move by President Donald Trump to halt travel from Europe rattled investors already alarmed about a global recession on the back of a coronavirus pandemic.

All three main indexes have now fallen over 24 per cent from their intraday record highs hit in February.

At 9:54 a.m. ET the Dow Jones Industrial Average was down 2,075.96 points, or 8.81 per cent, at 21,477.26, the S&P 500 was down 223.81 points, or 8.16 per cent, at 2,517.57 and the Nasdaq Composite was down 635.56 points, or 7.99 per cent, at 7,316.49.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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