Stock Market Sharply Declines Amid Coronavirus Fears

The video discusses a significant market crash, the worst since Black Monday in 1987, with the Dow dropping nearly 3000 points. Trading was halted due to an 8% drop in the S&P 500, marking the third circuit breaker activation in six sessions. The NASDAQ also experienced its worst day ever. Goldman Sachs predicted a sharp economic contraction, potentially leading to a recession. Despite the Federal Reserve's emergency rate cuts to near zero, some investors viewed these actions as excessive stimulus.

What was the percentage drop in the Dow during the market crash?

• 13%

• 15%

• 10%

• 20%

How many times was the circuit breaker triggered in six sessions?

• Once

• Twice

• Three times

• Four times

What did Goldman Sachs predict about economic activity?

• It would remain stable

• It would contract sharply

• It would slightly decrease

• It would increase

What action did the Federal Reserve take in response to the market conditions?

• Maintained current interest rates

• Introduced new taxes

• Decreased interest rates to near 0

• Increased interest rates

How did some investors view the Federal Reserve's actions?

• As insufficient

• As perfectly timed

• As too much stimulus too soon

• As too late