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March 12, 2020

03/11/2020 The Highlight

The stock market fell so fast on Monday that trading on the New York Stock Exchange was halted for the first time since 1997.  

It was the worst day for the stock market since 2008.

The oil market is also in free-fall, as the price of the commodity fell as much as 25%, the worst sell off since 1991.

It did not take long for the market to recover however, as the Dow Jones posted a 1,167-point gain on Tuesday, halving losses from Monday’s sell-off. We are seeing unprecedented levels of volatility as the country and the world come to grips with a potential sustained coronavirus outbreak. 

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