S&P 500 eases slightly from fresh record high after stronger economic growth
March 12 (Reuters) - U.S. stock indexes resumed trading on
Thursday after being halted for 15 minutes, as the benchmark S&P
500 index plunged 7% and triggered an automatic cutout shortly
after the opening bell, for the second time this week.
Wall Street sank into a bear market as a shock move by
President Donald Trump to halt travel from Europe rattled
investors already alarmed about a global recession on the back
of a coronavirus pandemic.
All three main indexes have now fallen over 24% from their
intraday record highs hit in February.
At 9:54 a.m. ET the Dow Jones Industrial Average .DJI was
down 2,075.96 points, or 8.81%, at 21,477.26, the S&P 500 .SPX
was down 223.81 points, or 8.16%, at 2,517.57 and the Nasdaq
Composite .IXIC was down 635.56 points, or 7.99%, at 7,316.49.