Sadly, it seems that a new one is just getting started.”All 11 S&P stock market sectors turned negative on Wednesday. The White House and Congress, meanwhile, are at odds over what type of economic rescue package to assemble. Oil prices, which had recovered somewhat after skidding 25 percent Monday, tumbled after the announcement. ADThe threat of oil wars exacerbated investor panic about the coronavirus, as confirmed U.S. cases surpassed 1,000 and deaths exceeded 30. President Trump is also considering federal assistance for oil and natural gas producers that have been hit by plummeting oil prices, The Post reported Tuesday.

Source: Washington Post March 11, 2020 12:21 UTC