Trader Peter Tuchman works on the floor of the New York Stock Exchange Monday, March 16. Wall Street's losses the last few weeks are the steepest since the 2008 financial crisis dragged the economy into the Great Recession. US President Donald Trump and professional investors say the stock market could bounce back strongly as soon as health experts get the coronavirus under control. Monday’s selling began immediately on Wall Street, sharp enough to trigger a temporary trading halt for the third time in the last two weeks. “It’s impossible to say when and how we’re going to reach bottom,” said Danielle DiMartino Booth, chief executive officer of Quill Intelligence.-AP

Source: The Standard March 17, 2020 03:00 UTC