Economy Wall Street closes with a large drop after suddenly...

Wall Street closes with a large drop after suddenly rising on March 2


The Dow Jones index fell 2.97%, the S&P 500 fell 2.81% and the Nasdaq left 2.99%.

The main indexes in the New York Stock Exchange (USA) have suffered a sharp fall this March 3, after a day of ups and downs and experience a dramatic rise the day before after a week of losses.

Thus, the Dow Jones lost 2.97% of its value, while the S&P 500 fell 2.81% and the technological Nasdaq left 2.99%. The fall of the shares in the New York market would be motivated by the concerns generated by investors the outbreak of the new coronavirus.

This Tuesday, the US Federal Reserve He cut the interest rate as an emergency measure, but failed to appease fears that the spread of Covid-19 could cause a recession.


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