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Montevideo, March 26th 2023 - 05:15 UTC

Tag: Global stock markets

  • Friday, March 13th 2020 - 08:57 UTC

    Coronavirus panic in markets wipes US$ 14 trillion in a month

    Even after its worst crash since Black Monday in 1987 overnight, Dow futures are down about 3% in Asia, as are S&P 500 futures.

    Global stock markets crashed on Friday, ending a years-long bull run, with coronavirus panic selling hitting almost every asset class and leaving investors nowhere to hide. Half a trillion dollars in liquidity from the U.S. Federal Reserve and the promise of more were not enough to calm the fear that has wiped some US$14 trillion from world stocks in a month.