Remember Trump's MASSIVE Stock Market Crash? On March 16, 2020 the DJIA dropped 2,997 points... Trump's Not Just a Loser, He' a MAGALOSER!

 

On March 12, 2020, a day after US President Donald Trump announced a travel ban from Europe, stock prices again fell sharply. The DJIA declined 9.99% — the largest daily decline since Black Monday (1987) — despite the Federal Reserve announcing it would inject $1.5 trillion into money markets.[25] The S&P 500 and the Nasdaq each dropped by approximately 9.5%. The major European stock market indexes all fell over 10%.[26]

On March 16, 2020, after it became clear that a recession was inevitable, the DJIA dropped 12.93%, or 2,997 points, the largest point drop since Black Monday (1987), surpassing the drop in the prior week, the Nasdaq Composite dropped 12.32%, and the S&P 500 Index dropped 11.98%.[27]