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Now it’s America's turn: Dow opens 7% down after day of markets falling worldwide | |
(about 4 hours later) | |
The US markets are following their Asian and European counterparts into a deep plunge. Shares of oil producers have dropped by double digits after opening amid a 30 percent fall in crude price. | The US markets are following their Asian and European counterparts into a deep plunge. Shares of oil producers have dropped by double digits after opening amid a 30 percent fall in crude price. |
Dow Jones slid by almost 1,900 points, or 7.29 percent, prompting a 15 minute pause in trading on the New York Stock Exchange. | Dow Jones slid by almost 1,900 points, or 7.29 percent, prompting a 15 minute pause in trading on the New York Stock Exchange. |
The stock prices of Exxon Mobil and Chevron dropped by over 14 percent. | The stock prices of Exxon Mobil and Chevron dropped by over 14 percent. |
S&P 500 and Nasdaq plunged by over 7 percent on Monday too. | S&P 500 and Nasdaq plunged by over 7 percent on Monday too. |
DETAILS TO FOLLOW | DETAILS TO FOLLOW |