- All major US equity indexes plunged more than 4.4% on Thursday, with each entering correction territory.
- That means they’ve both fallen more than 10% from recent highs.
- The Stoxx Europe 600 also entered correction territory.
- The S&P 500’s 4.4% decline marked its biggest since August 2011, while the Dow plummeted 1,191 points.
- The sell-off comes amid worsening news surrounding the coronavirus outbreak.
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The coronavirus-driven stock sell-off hit a critical benchmark on Thursday as all major US equity indexes entered correction territory, which indicates they’ve fallen more than 10% from recent highs.
It marks the first correction read more >>>