(Bloomberg) — Grim speculation about the fate of the global economy sent U.S. equity futures to exchange-mandated halts for the ninth time in 10 days. The benchmark for American equities is now down more than 32% in a month with the circuit breakers leaving traders unsure of the true extent of declines.Warnings about damage to the economy from the coronavirus grew more dire as cities from New York to Los Angeles all but shut down and cases rose rapidly. Federal Reserve Bank of St. Louis President James Bullard said U.S. unemployment may hit 30% in the second quarter, with GDP …read more
Source:: Yahoo Finance
