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Dow Dives 1,900 Points, NYSE Halts Trading As Stock Indexes Plummet
New York Stock Exchange trading was halted temporarily after indexes plunged 7% in reaction to Saudi Arabia’s oil price cut amid increasing fears over the coronavirus epidemic’s economic impact.
Qatar Will Pull Out Of OPEC, As Rift With Saudi Arabia Deepens
Qatar made the announcement early Monday — the same day it informed OPEC it is withdrawing from the group. The country says it wants to focus on producing natural gas.