5 charts that reveal the stunning depth of coronavirus-driven market carnage
The market turmoil has primarily been fueled by the rapidly spreading coronavirus and the devastating impact it's expected to have on economies worldwide. Global supply chains have broken down, consumers are hesitant to spend, and thereThe sudden introduction of a global oil-price conflict between Russia and Saudi Arabia has also shaken investor nerves.
, its biggest intraday drop since the Gulf War in 1991. That then, in turn, rattled risk assets of all types.GOLDMAN SACHS: These 15 stocks are plunging with the market, but their powerful long-term growth could make them bargains to buy right now Even during periods of relief for risk assets — like the one seen during the morning of Tuesday, March 10 — there's an underlying sense of worry pervading investor activity, threatening to wipe out gains at the sight of any moderately negative headline.OIL — Biggest drop since 1991
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