The Dow Jones Industrial Average plunged into bear market territory overnight as the World Health Organization declared the coronavirus outbreak as a global pandemic.
, where he is expected to unveil details of his economic stimulus plan to deal with the economic impact of the coronavirus outbreak."We're deeply concerned both by the alarming levels of spread and severity, and by the alarming levels of inaction," said WHO Director-General Tedros Adhanom Ghebreyesus. "We have rung the alarm bell loud and clear."
Overnight on Wall Street, the Dow plummeted 1,462.94 points to close at 23,553.22 — more than 20% lower than the record close set only last month and putting to end an expansion that started in 2009 amid the financial crisis. The
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow Jones INDEX TODAY | DJIA LIVE TICKER | Dow Jones QUOTE & CHART | Markets Insider
Read more »
Markets rebound, with Dow jumping more than 800 points on Trump stimulus planJUST IN: Dow jumps more than 800 points after President Trump said he will take 'major' steps to ease concerns about the economy in light of the coronavirus outbreak.
Read more »
Dow futures point to a loss of more than 400 points after Tuesday's surgeU.S. stock futures fell sharply on Tuesday night, pointing to another volatile session on Wall Street following a massive rally.
Read more »
Dow futures fall 400 points while Asian markets slumpUS stock futures tumbled Tuesday evening, adding to volatility after another wild day of trading. The whiplash has been immense: Tuesday's rebound followed historic declines the day before. The Dow on Monday experienced its worst-ever one-day point drop.
Read more »
Global stocks and oil mount a recovery while Dow futures gain 1,000 pointsDow futures gain 1,000 points after news of President Trump's plan to propose a payroll tax cut
Read more »
Dow futures spike 700 points after historic sell-offFutures on the Dow Jones Industrial Average indicate a spike of more than 700 points at the opening.
Read more »