RALEIGH, N.C. (WNCN) — It was a horrible day at the stock market as the Dow closed down more than 2,000 points marking the worst fall since 2008.
Many people are now wondering if the United States could be headed for another recession.
While coronavirus has certainly played a part in the drop there are a number of factors that we could soon start to feel in the Triangle.
“Stock traders are worried,” said North Carolina State University economist Mike Walden. “The stock market is very worried. Why they have these triggers is because emotions can take over. The stock markets are reacting to this plunge in oil prices as a big negative for the world economy.”
Continue Reading on CBS 17
