Dow plunges over 900 points as Wall Street collapse continues amid COVID-19 crisis

23:54, March 23, 2020

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  Wall Street turns positive after opening down, Dow +0.5%

  File photoWall Street turns positive after opening down, Dow +0.5%.

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  Dow drops nearly 3000 points on coronavirus fears

  (Photo: AP)Washington (Peoples Daily) - US equities plunged on Monday with the Dow closing down about 3,000 points, as panic selling continued amid coronavirus fallout.The Dow Jones Industrial Average cratered 2,997.10 points, or 12.93 percent, to 20,188.52. The S&P 500 fell 324.89 points, or 11.98 percent, to 2,386.13. The Nasdaq Composite Index was down 970.28 points, or 12.32 percent, to 6,904.59.All the 11 primary S&P 500 sectors ended significantly lower, with the real estate down 16.55 percent, representing the worst-performing group.The major averages fell to their lows in late session after President Donald Trump said the US economy "may be" headed for recession and that the COVID-19 outbreak could last for months.Trading was halted for 15 minutes on Wall Street shortly after the opening bell as a dip of 8.14 percent on the benchmark S&P 500 triggered a circuit breaker. It was the third time that the circuit breaker, or trading halt, has been tipped since last week.(With input from Xinhua)

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  Health workers to disinfect hospital amid COVID-19 outbreak in Nepal

  Health workers get ready to disinfect a hospital amid COVID-19 outbreak in Kathmandu, Nepal, March 26, 2020. (Photo by Sulav Shrestha/Xinhua) .A health worker disinfects a hospital amid COVID-19 outbreak in Kathmandu, Nepal, March 26, 2020.