The Washington PostDemocracy Dies in Darkness
Traders work during the opening bell at the New York Stock Exchange (NYSE) at Wall Street. Trading on Wall Street was halted immediately after the opening bell Monday, as stocks posted steep losses following emergency moves by the Federal Reserve to try to avert a recession due to the coronavirus pandemic. (Johannes Eisele/Afp Via Getty Images)

U.S. stocks nosedive, trading paused as emergency Fed action fails to mollify investors

The Dow plunges 3,000 points as a brutal coronavirus-fueled sell-off intensifies

March 16, 2020 at 3:19 p.m. EDT
Drastic intervention by the Federal Reserve sent investors into panic mode Monday, with the Dow Jones industrial average plunging 2,250 points at the open and trading suspended almost immediately.  

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