Stock market plunge New York Stock Exchange March 9, 2020
- Updated
Specialist Timothy Nick works on the floor of the New York Stock Exchange, Monday, March 9, 2020. The Dow Jones Industrial Average plummeted 1,500 points, or 6%, following similar drops in Europe after a fight among major crude-producing countries jolted investors already on edge about the widening fallout from the outbreak of the new coronavirus. (AP Photo/Richard Drew)
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To many economists, a contraction during the first and second quarters of 2020 looks increasingly likely.
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