US pulls circuit-breaker on stock trading to end worst day for world markets since 2008. Image via Reuters.
Business

The US pulls circuit-breaker to end disastrous day for stocks

After an oil dispute between Saudi Arabia and Russia saw oil prices drop by 20 percent, world markets spiraled into their worst day since the 2008 financial crisis, with the US pulling the so-called circuit-breaker in the stock market after S&P shares fell 7 percent. When trading resumed after a short period, the Dow Jones, NASDAQ, and S&P500 had all suffered losses of over 6 percent.

trading saudi-arabia oil russia nasdaq stocks shares united-states sp500 world-markets financial-crisis circuit-breaker dow-jones

Mon Mar 09 - BBC

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