Trading halted on Wall Street after stock plunge triggers 'circuit breaker'
It was the second time on Thursday that trading was temporarily suspended.
The Dow Jones Industrial Average fell by 1,700 points Thursday morning after President Donald Trump’s long-awaited response to the coronavirus epidemic triggered a massive sell-off on Wall Street.
The S&P 500 plunged by 7 percent, triggering a circuit breaker, which halts all trading on the New York Stock Exchange for 15 minutes.
All three major averages sank after Trump’s Oval Office address Wednesday night failed to satisfy traders who were hoping for more concrete steps to reduce any economic slowdown from the viral outbreak.
:-)
Since the stock market is the ultimate gauge of success in Trumpland, does that mean all the Trumpettes agree that speech was a HUGE FAIL?