Global Stock Markets Suffer "Fuse Day"! The US Dao Index Fell By More Than 2300 Points, The Highest In History.

Last night, it was a long night. Global stock markets suffer from "melting day".

12 local time, the three major U.S. stock index suffered a sharp fall after opening day. The standard & Poor's 500 index fell rapidly by more than 7%, triggering market futile mechanisms and halting market trading for 15 minutes.

On the same day, the Toronto stock exchange index fell 9.17%, triggering a market disruption and suspending stock trading. Brazil's IBOVESPA stock index dropped 12%, suspended trading for the third time this week, and after the resumption of trading, it fell to 15%, triggering a second day and fourth break this week.

Two times a week, the US stock market crashed on Thursday.

The three major indexes of the New York stock market suffered a sharp fall after the opening day. The standard & Poor's 500 index fell rapidly by more than 7%, triggering market futile mechanisms and halting market trading for 15 minutes. This was also triggered by the collapse of the US stock market on the 9 day, and the fusing mechanism was triggered second times in a week, the third time in the history of the US stock market.

The three major indexes of the New York stock market fell sharply on the 12 day, of which the Dow Jones Industrial Average fell 9.99%, the standard & Poor's 500 stock index fell 9.51%, and the Nasdaq composite index fell 9.43%.

At the close, the Dow fell 2352.60 points, the biggest drop point in history, and the largest one-day percentage decline since 1987. At this point, the stock index fell more than 20% from the recent high, which means that the three major stock index stocks fell to bear market.

American investor James MacDonald: I used to experience this situation only once in 2008. The only other time (stop trading) was due to the breakdown of the computer. This week this happened more than once, but two times, which made people worry very much about the downside of the market. The intervention of the Fed's liquidity also strengthened people's anticipation of the possible deterioration of the situation.

The fusing mechanism is a protection mechanism set up by the securities and Exchange Commission of the United States, that is, in the process of trading, when the price fluctuation reaches a certain target, the transaction will be suspended for some time to prevent further spread of panic. This week, there have been many countries in the United States, Canada, Brazil, Philippines, Thailand, Pakistan, Indonesia and Kuwait.

Analysts pointed out that the underlying reason for the collapse of the global financial market is related to the current ability of different economies to cope with the epidemic, the competition for energy Sovereignty between OPEC, Russia and the United States, and the marginal effect of global liquidity.

The Fed's bailout market is not buying.

The US stock market, which officially closed its bull market for 11 years on Wednesday, entered a bear market, and the US stock market continued to fall sharply on Thursday. Shortly after the opening, the S & P 500 hit the fuses for second times this week and suspended trading for 15 minutes. In the middle of the day, the Federal Reserve announced a new rescue plan, which briefly narrowed down, but it quickly accelerated again. At the close, the three major U.S. stock indexes dropped by more than 9%, especially the Dow dropped by 10% or more than 2300. In addition, in the European market, the UK's main stock index dropped by more than 10% at the close, while Germany and France's main stock index dropped by more than 12%.

Financial commentator Chen Yijia said that the most direct cause of the crash is that the US government announced that it would temporarily cut off all routes between Europe and Europe. So the most obvious loss of blood is aviation stocks, and many airlines have plunged by more than 20%.

Besides, many other businesses in the US and Europe are also affected, and the global demand for crude oil will further slow down. International oil prices fell again, the US WTI closing price fell by more than 4%, and gold fell by more than 3%.

On Thursday, the VIX index with panic index rose more than 40%. The Federal Reserve introduced a rescue plan, which injected $1 trillion and 500 billion of liquidity into the market on Thursday and Friday. It also bought us treasury bonds to ease the problem of tight circulation in the market. Because these monetary policies may not directly solve the pressure caused by the epidemic warming to enterprises, especially small and medium enterprises and consumers, fiscal policy has yet to act.