The steep inventory selloff prompted uncommon buying and selling halts U.S. fairness markets tumbled Monday after an oil value battle broke out between Saudi Arabia and Russia and amid new instances of coronavirus, particularly in America. The Dow Jones Industrial Common closed over 2,000 factors decrease, getting back from some extent drop of greater than 2,150 factors, or eight.2 p.c, at session lows whereas the S&P 500 and Nasdaq Composite have been decrease by 7.9 p.c and seven.2 p.c, respectively.
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