Press Release
KAR Perspective on Recent Market Volatility
March 11, 2020
On Monday, March 9, stocks fell more than 7% (as measured by the S&P 500 Index), which is the greatest percentage decline in the index since the global financial crisis in 2008. The fall in the stock market came amid continuing fears about the coronavirus (COVID-19) and a Saudi-Russian price war that sent crude oil prices crashing over the weekend.

 

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