S&P 500 tumbles as trading on Wall Street resumes
March 16, 2020Developing nations may lose up to 85% of oil and gas income this year: IEA, OPEC
March 16, 2020Markets tumble as big Fed move fails to quell virus fears
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Markets reeled on Monday, with stocks on Wall Street and the price of Brent crude tumbling more than 10%, as the Federal Reserve’s second emergency rate cut in as many weeks to blunt the economic impact of the coronavirus failed to calm fears of a prolonged recession.
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