BREAKING: Trading halted as crude oil price plunge pushes Dow down by 1,800 points, S&P drops 7 percent


The Dow Jones Industrial Average plummeted at the opening bell on Monday, sinking by more than 1,800 points and triggering a “circuit breaker” on the S&P 500 after it dropped by 7 percent, halting trading for 15 minutes.

Traders had anticipated a bloodbath on Monday, after oil prices cratered overnight by 30 percent. Investors took shelter in safe havens, pushing gold to a seven-year high and pushing the 10-year Treasury yield to an all-time low of 0.3 percent by early morning.

Source: NBC News

Left vs. Right Bias: How we rate the bias of media sources

Subscribe With Email

Enter your email address to subscribe to MBFC and receive notifications of new posts by email.

Join 19,719 other subscribers

0 0 vote
Article Rating


This site uses Akismet to reduce spam. Learn how your comment data is processed.

Inline Feedbacks
View all comments