“Global stocks head for worst week because the financial disaster amid fears of a attainable pandemic”. The US’s Dow Jones Industrial Average and S&P 500 Index suffered from the greatest single-day percentage fall since the 1987 inventory market crash, as did the UK’s FTSE one hundred, which fell 10.87%. The Canadian S&P/TSX Composite Index dropped 12%, its largest one-day drop since 1940. The FTSE MIB Italian index closed with a −sixteen.92% loss, the worst in its historical past. Germany’s DAX fell 12.24% and France’s CAC 12.28%.
The MERVAL on the Buenos Aires Stock Exchange fell 9.5% to 19.5% on the week. 12 March was the second time, following 9 March drop, that the 7%-drop circuit breaker was triggered since being applied in 2013.
In Brazil, the Ibovespa plummeted 14.78%, after trading in the B3 was halted twice within the intraday; it additionally moved under the 70,000 mark earlier than closing …
