S&P 500 plunges 7% in minutes, trading halted marketwide as financial contagion worsens
The US stock market plunged as much as 7% immediately after regular trading began on Monday, prompting the first halt since the depths of the financial crisis in December 2008. The losses came amid a raging global oil-price war and continued fallout from the coronavirus outbreak. All three major US indexes tanked as investors mulled…