2020 stock market crash

The 2020 stock market crash is a global stock market crash that began on 20 February 2020 during the 2019–20 coronavirus pandemic.[1][2][3] It ended in April, that year.

The Dow Jones Industrial Average, S&P 500 Index, and the NASDAQ-100 all fell into short-term decline on 27 February during one of the worst trading weeks since the financial crisis of 2007–08.[4][5]

Markets over the following week (2–6 March) became extremely bad, with swings of 3% or more being made per daily session (except for 6 March).[6][7] On 9 March, all three Wall Street indices fell more than 7% and most global markets reported severe losses, due to the response of the 2019–20 coronavirus pandemic and the Russia–Saudi Arabia oil price war.[8][9]

This became known as Black Monday, and at the time was the worst drop since the Great Recession in 2008.[10][11]

Three days after Black Monday, there was another drop, Black Thursday, where stocks across Europe and North America fell more than 9%.

Stock market prices across most of the world were greater than or equal to their prices before the crash before the end of 2020. [12][13]

2020 Stock Market Crash Media

References

  1. Samuelson, Robert J. (2020-03-12). What Crash of 2020 Means. https://www.washingtonpost.com/opinions/2020/03/11/what-crash-2020-means/. Retrieved 2020-03-12. 
  2. Wearden (earlier), Graeme; Jolly (now), Jasper (2020-03-12). "Wall Street and FTSE 100 plunge on worst day since 1987 – as it happened" (in en-GB). The Guardian. ISSN 0261-3077 . https://www.theguardian.com/business/live/2020/mar/12/stock-markets-tumble-trump-europe-travel-ban-ecb-christine-lagarde-business-live. Retrieved 2020-03-12. 
  3. Williams, Sean (2020-03-10). "Stock Market Crash 2020: Everything You Need to Know". The Motley Fool. Archived from the original on 2020-07-23. Retrieved 2020-03-12.
  4. Menton, Jessica (February 27, 2020). "Dow plunges 1,191 points, its biggest one-day point drop, as coronavirus fears escalate". USA TODAY. Archived from the original on 2020-07-27. Retrieved 2020-03-12.
  5. Peltz, James F. (2020-02-27). "Stock market enters a correction, down 10% from recent peak". Los Angeles Times. Archived from the original on 2020-03-04. Retrieved 2020-03-12.
  6. Asian shares rise following stimulus-led surge on Wall St. 2020-03-04. https://mynorthwest.com/1748051/dow-industrials-surge-500-points-extending-volatile-streak/?. Retrieved 2020-03-13. 
  7. DeCambre, Mark (March 7, 2020). "Wild stock-market swings are 'emotionally and intellectually wearing' on Wall Street". MarketWatch. Archived from the original on 2020-03-05. Retrieved 2020-03-13.
  8. Partington, Richard; Wearden, Graeme (2020-03-09). "Global stock markets post biggest falls since 2008 financial crisis" (in en-GB). The Guardian. ISSN 0261-3077 . https://www.theguardian.com/business/2020/mar/09/global-stock-markets-post-biggest-falls-since-2008-financial-crisis. Retrieved 2020-03-15. 
  9. Business, Laura He, Clare Duffy and Julia Horowitz, CNN. US stocks halted after falling 7%. Global stocks plunge as oil crashes and coronavirus fear spreads. https://www.cnn.com/2020/03/08/investing/stock-dow-futures-coronavirus/index.html. Retrieved 2020-03-15. 
  10. Prynn, Jonathon; English, Simon; Murphy, Joe (2020-03-09). "Black Monday: Fourth biggest City fall as virus panic hits markets". Evening Standard. Archived from the original on 2020-03-11. Retrieved 2020-03-13.
  11. Partington, Richard; Wearden, Graeme (2020-03-09). "Global stock markets post biggest falls since 2008 financial crisis" (in en-GB). The Guardian. ISSN 0261-3077 . https://www.theguardian.com/business/2020/mar/09/global-stock-markets-post-biggest-falls-since-2008-financial-crisis. Retrieved 2020-03-13. 
  12. Tappe, Anneken (2020-12-31). "Dow and S&P 500 end 2020 at record highs". CNN Business. https://www.cnn.com/2020/12/31/investing/dow-stock-market-2020/index.html. Retrieved 2021-03-26. 
  13. "S&P 500 rallies to close the year at a record high". Fortune. https://fortune.com/2020/12/31/sp-500-rallies-close-the-year-at-a-record-high/. Retrieved 2021-03-26. 

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