Wall Street stocks plunged on Wednesday, with the Dow confirming a bear market for the first time since the financial crisis after the World Health Organization called the coronavirus outbreak a pandemic.
All three major US stock averages ended the session sharply lower, with the benchmark S&P 500 and Nasdaq composite index both about 19% below their Feb.
19 record closing highs.
A bear market is confirmed when an index closes 20% or more below its most recent closing high.
Market participants were further rattled.....