Coronavirus fear and plunging oil tag ship inventory markets reeling

Coronavirus fear and plunging oil tag ship inventory markets reeling

Stock trading used to be halted for quarter-hour on Monday morning after the S&P 500 plummeted more than 7%. READ MORE: 9

U.S. monetary markets plunged as trading started on Monday — adequate to trigger a temporary discontinue to trading — amid fears over the industrial fallout of the coronavirus outbreak and uncertainty over falling oil costs.

Stock trading used to be halted for quarter-hour on Monday after the S&P 500 plummeted more than 7% in the first minutes of trading. The discontinue used to be precipitated by an automatic circuit breaker safety mechanism that kicked in to discontinue a free tumble amid the sell-off.

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