03/11
Stock markets keep falling in sharp decline since 02/21 due to corona virus outbreak. Today is another -5% drop from all major indexes.
Similar crash occurred in October 19, 19871 where DJIA lost -22% in a single day, black Monday.
It may not happen in today’s market due to “Circuit Break” mechanism to halt trading in 15 minutes after -7% and series stop points.
However, everyone should be noted that Corona virus is fatal to both human beings and financial markets.