Stocks Tumble, Investors Dash for Cash amid Recession Fears

Stocks tumbled more than 5% on Wall Street.

  • Published 18 March 2020

NEW YORK (AP) — Stocks tumbled more than 5% on Wall Street Wednesday, and the Dow erased virtually all its gains since President Donald Trump's 2017 inauguration. Even prices for investments seen as safe during downturns fell as the coronavirus outbreak chokes the economy and investors rush to raise cash. Markets have been incredibly volatile for weeks as Wall Street and the White House acknowledge the rising likelihood that the pandemic will cause a recession.… Read at AP News