Transcribed
Effect of COVID'19 on U.S. Stock Market
COVID'19 EFFECT ON US STOCK MARKET Circuit Breaker Market-wide circuit breaker activated to prevent panic trading. Trading was paused for 15 minutes. This occured 4 times in March a March 9,2020 March 12,2020 C March 16,2020 d March 18,2020 Largest Single Day Drop The circuit breaker leads to largest single day drop for DOW twice in March. Oct 19,1987 -22.61% Oct 28,1929 -13.47% Mar 16,2020 -12.93% Oct 29,1929 -11.73% Oct 5,1931 -10.75% Mar 12,2020 -9.99% Nov 6,1929 -9.92% Aug 12,1932 -8.4% Jan 4,1932 -8.1% Oct 26,1932 -8.09% Crude Price Depression Crude oil price fell below zero and settled at -$37.63 on 21st April, 2020 COVID'19
Effect of COVID'19 on U.S. Stock Market
shared by sayandatta on May 29
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The COVID’19 has disrupted the US stock market in a manner it has never seen before. The market-wide circuit-breaker imposed to prevent panic trading have paused trading for 15 minutes, this happene...
d 4 times in the month of March, Dow Jones has seen the largest single-day drop twice in march and the crude oil price attended a record low of -$37.63 in April. Though the amusement parks are closed, still it has been quite a rollercoaster ride for the investors.
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