As new cases of the coronavirus proliferated around the globe, U.S. stocks plummeted Monday morning — and real estate stocks followed suit. The S&P 500 was down over 6 percent, and the Dow Jones Industrial Average plunged over 1,600 points, or 6.21 percent shortly after 10 a.m. An early-morning 7 percent plunge in the S&P triggered a 15-minute halt in trading, as the New York Stock Exchange automatically stops trading if it detects severe drops.
source https://therealdeal.com/2020/03/09/real-estate-stocks-plunge-as-coronavirus-fears-batter-market/
No comments:
Post a Comment