This article is 4 years old
Wall Street plunges to close with biggest one-day loss since March 16
Wall Street plummeted on Thursday as investors reacted to renewed fears of a pandemic resurgence and digested dour economic forecasts from the US Federal Reserve.
All three major US stock indexes lost well over five percent, posting their worst one-day percentage drops since March 16, when markets were sent into freefall by the abrupt economic lockdowns put in place to contain the coronavirus pandemic. The Nasdaq snapped a three-day streak of record closing highs...
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