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US stocks trade halted for 15 minutes due to crashing oil prices, coronavirus worries

Near 1340 GMT, the broad-based index was down more than 200 points at 2,764.21.

Updated on: Mar 9, 2020, 19:46:19 IST
New York | By
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Trading on Wall Street was temporarily halted early Monday as US stocks joined a global rout on crashing oil prices and mounting worries over the coronavirus.

Trading on US stocks was halted for 15 minutes. (Reuters image)
Trading on US stocks was halted for 15 minutes. (Reuters image)

The suspension was triggered after the S&P 500’s losses hit seven percent. Near 1340 GMT, the broad-based index was down more than 200 points at 2,764.21.

The Dow Jones Industrial Average sank 7.3 percent to 23,979.90, while the tech-rich Nasdaq Composite Index fell 6.9 percent to 7,987.44.

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