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Markets slide despite stimulus from Fed | 3/16/2020

U.S. equity markets plunged Monday after the Federal Reserve took emergency situation action to combat the financial damage caused by the new coronavirus outbreak. The Dow Jones Industrial Average fell by greater than 2,800 factors, or 12 percent, at its worst levels while the S&P 500 and Nasdaq Compound were down 10.6 percent and also 11.5 percent, specifically. Trading was] for 15 minutes shortly after the opening bell because of the S&P 500's decline of more than 7 percent.

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