Dow Plunges Nearly 3,000 Points Amid Coronavirus Market Shock

Dow Plunges Nearly 3,000 Points Amid Coronavirus Market Shock
A trader works on the floor of the New York Stock Exchange shortly before the closing bell in New York, on Feb. 25, 2020. Reuters/Lucas Jackson
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

The stomach-turning ride on financial markets continued on March 16, with Wall Street suffering its biggest drop since the coronavirus crisis began, as the central bank stimulus failed to ease investor anxiety over the outbreak’s impact on the U.S. economy.

In volatile trading, the blue-chip Dow Jones Industrial Average fell 2,997.1 points, or 12.93 percent, to 20,188.52, its second-worst points decline ever.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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