2020 stock market crash
The 2020 stock market crash is a global stock market crash that began on 20 February 2020 during the 2019–20 coronavirus pandemic.[1][2][3] It ended in April, that year.
The Dow Jones Industrial Average, S&P 500 Index, and the NASDAQ-100 all fell into short-term decline on 27 February during one of the worst trading weeks since the financial crisis of 2007–08.[4][5]
Markets over the following week (2–6 March) became extremely bad, with swings of 3% or more being made per daily session (except for 6 March).[6][7] On 9 March, all three Wall Street indices fell more than 7% and most global markets reported severe losses, due to the response of the 2019–20 coronavirus pandemic and the Russia–Saudi Arabia oil price war.[8][9]
This became known as Black Monday, and at the time was the worst drop since the Great Recession in 2008.[10][11]
Three days after Black Monday, there was another drop, Black Thursday, where stocks across Europe and North America fell more than 9%.
Stock market prices across most of the world were greater than or equal to their prices before the crash before the end of 2020. [12][13]
