Us stock exchanges closed on March 16 with a record fall for the second time in a week, CNN reports. This is the largest drop in 33 years since “black Monday” in 1987.
On Monday, March 16, the main us indexes collapsed again. The S&P 500 index fell almost 12 %, and the Nasdaq fell 12.3 %.
The Dow Jones has fallen almost to 3 thousand points, or 12.9 %. This is the worst result since “black Monday” in 1987. Continue reading