2020 stock market crash
The
2020 stock market crash is a global stock market crash that began on 20
February, 2020. Multiple indexes such as the Dow Jones Industrial
Average, Nikkei 225 and the S&P/ASX 200 all fell into a correction
late February during one of the worst trading weeks since the financial
crisis of 2007–08, thus starting what is now known as the 2020 stock
market crash. Global markets into early March became extremely volatile,
with large swings occurring in global markets. On 9 March, most global
markets reported severe contractions, mainly in response to the 2019–20
coronavirus pandemic and a described Russia–Saudi Arabia oil price war.
This became colloquially known as Black Monday I, and at the time was
the worst drop since the Great Recession in 2008.
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