Stock Market Trading Is Halted After Dow Falls 2,200 Points
- 4 years ago
Stock Market Trading Is Halted
After Dow Falls 2,200 Points At opening, the S&P 500
also fell by nearly eight percent. Nasdaq fell by
close to six percent. The plunge follows the Fed's interest
rate slash down to near-zero. It's likely the move by the
Federal Reserve was seen as a
desperate act to stabilize markets. Kit Juckes, Societe Generale, via NBC News Analysts also indicate that
the move addresses just a small part
of the current financial challenges. Greg McBride, Bankrate. com, via NBC News
After Dow Falls 2,200 Points At opening, the S&P 500
also fell by nearly eight percent. Nasdaq fell by
close to six percent. The plunge follows the Fed's interest
rate slash down to near-zero. It's likely the move by the
Federal Reserve was seen as a
desperate act to stabilize markets. Kit Juckes, Societe Generale, via NBC News Analysts also indicate that
the move addresses just a small part
of the current financial challenges. Greg McBride, Bankrate. com, via NBC News