The S&P 500 plummeted 7% at the open, tripping circuit breakers that briefly halted trading at the New York Stock Exchange. Follow here.
Global oil markets are plunging after the implosion of an alliance between OPEC and Russia caused the worst one-day crash in crude prices in nearly 30 years. Oil has since recovered some of its losses.
The growing coronavirus pandemic is also making investors anxious. There are now over 100,000 cases and over 3,000 deaths attributed to this new virus.
European and Asian markets closed lower.
I bet you Trump could use a FREEZE right now.