NEW YORK -- U.S. equities plunged again Monday as drastic action by the Federal Reserve failed to assuage investors' fears about the economic impact of the coronavirus pandemic.
The Dow Jones Industrial Average closed around 3,000 points, or 13%, lower, the worst point loss in history. The New York Stock Exchange circuit breaker was triggered again in the morning after a massive sell-off.
Losses further expanded as President Donald Trump and his coronavirus task force gave an update of the government's response in the last minutes of trading.
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