US trading resumes after market slide wipes out Trump-era gains

U.S. markets resumed trading Wednesday after a 15-minute halt triggered when the S&P 500 tumbled more than 7 percent.

The benchmark index’s slide to 2,351 marked the second time trading was halted this week as investors react to a coronavirus pandemic that has slowed the economies of the U.S. and some European nations almost to a standstill.

The blue-chip Dow Jones Industrial Average index fell 1,847 points to 19,390 — wiping out all of its rapid-fire gains since President Trump took office in January 2017. The tech-heavy Nasdaq Composite dropped 6.3 percent.

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