The Trump administration has vowed to keep the stock market open, even as a steep selloff has led some to suggest a temporary closure could soothe frightened investors
The Trump administration has vowed to keep the stock market open, even as the coronavirus pandemic and a steep selloff have led some commentators and politicians to suggest a temporary closure could soothe frightened investors.
The S&P 500 has fallen 25% since mid-February, the fastest decline from a record to a bear market in history. The volatility has also been unprecedented: The index has swung 5.2% on average each day in March, on course to top the previous record of 3.9% from November 1929. Even after the stock market’s remarkable...
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