3rd worst day in percentage terms on Wall Street today
They say buy when there is blood in the streets. But sometimes the blood is your own.
Stocks fell sharply Monday — suffering their worst day since the “Black Monday” market crash in 1987 — even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak.
The Dow Jones Industrial Average closed 2,997.10 points lower, or 12.9%, at 20,188.52. The 30-stock Dow was briefly down more than 3,000 points in the final minutes of trading.