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It was another brutal day for stock markets as Wall Street hit critical circuit breaker levels only minutes after the US opening bell on Thursday!The S&P 500 tumbled 7% consequently halting all trading on the New York Stock Exchange for 15 minutes. Even when US markets restarted, all major indices fell below -8% as risk aversion intensified on fears around the coronavirus global pandemic. With investors are clearly keep a safe-distance from riskier assets amid the chaos, US stocks are positioned to extend loses which could trigger the level 2 circuit breaker – marked as a 13% decrease... Read More
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