{"id":135432,"date":"2020-03-09T14:54:13","date_gmt":"2020-03-09T13:54:13","guid":{"rendered":"https:\/\/theworldwidejournal.com\/2020\/03\/09\/wall-street-plunges-7-amid-fears-of-global-recession-triggered-by-coronavirus-business-live\/"},"modified":"2020-03-09T14:54:13","modified_gmt":"2020-03-09T13:54:13","slug":"wall-street-plunges-7-amid-fears-of-global-recession-triggered-by-coronavirus-business-live","status":"publish","type":"post","link":"https:\/\/theworldwidejournal.com\/?p=135432","title":{"rendered":"Wall Street plunges 7% amid fears of global recession triggered by coronavirus \u2013 business live"},"content":{"rendered":"<p>Rolling coverage of the latest economic and financial news, as stocks slump across the world amid the deepening coronavirus crisisLatest: Wall Street trading suspended after 7% plungeSummary: What\u2019s going on?!Britain\u2019s FTSE 100 has plunged this morningFootsie in bear marketOil giants hammered as crude falls 30%Introduction: Economists fear a global recession 1.54pm GMT Trading has resumed on Wall Street&#8230; and stocks are continuing to slide.The S&amp;P 500 index is now down 7.3% today (an eye-watering plunge), as the automatic trading halt ends. 1.47pm GMT Meanwhile in London, stocks are sliding deeper into the red&#8230; as my colleague Kalyeena Makortoff reports:\u201cThis is a meltdown, this is an absolute meltdown,\u201d says Michael Baker, who is leading the sales team at spread-betting firm ETX Capital. Traders are hollering across banks of desks, yelling out trades. They\u2019re trying to figure out which stocks are trading in the US after the S&amp;P 500 was briefly halted following its 7% fall a moment ago. Continue reading&#8230;<br \/>\nVia: <a href=\"https:\/\/www.theguardian.com\/business\/live\/2020\/mar\/09\/markets-plunge-crash-financial-crisis-coronavirus-ftse-italy-oil-price-dow-business-live\" target=\"_blank\">Wall Street plunges 7% amid fears of global recession triggered by coronavirus \u2013 business live<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rolling coverage of the latest economic and financial news, as stocks slump across the world amid the deepening coronavirus crisisLatest: Wall Street trading suspended after 7% plungeSummary: What\u2019s going on?!Britain\u2019s FTSE 100 has plunged this morningFootsie in bear marketOil giants hammered as crude falls 30%Introduction: Economists fear a global recession [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-135432","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/135432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135432"}],"version-history":[{"count":0,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/135432\/revisions"}],"wp:attachment":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}