After the company caved into the demands of the NSCC and restricted trading on so-called “volatile shares”, the amount was reduced from the initial $3 billion to $700 million.
US stocks had the worst day of trading since the 2008 financial crisis, as the coronavirus crisis continues to spread in the country and the declining oil prices hit a historical low.
The Labor Department released its official employment figures for the month of December. Although the US added 312k jobs, unemployment rate rose to 3,9% compared to the 3,7% in November.