U.S. markets fall sharply as rampant volatility takes hold

https://www.washingtonpost.com/business/2020/03/18/stocks-markets-today-coronavirus/?outputType=amp

Meanwhile, the Dow’s plunge from its all-time high of 29,551 on Feb. 12 has eliminated one of the president’s favorite campaign arguments. As stocks soared since the 2016 election, Trump repeatedly took credit at campaign rallies and in White House remarks. He drew attention to the market setting all-time highs and boasted about the effect on voters’ investment accounts.

As late as Feb. 24, the president took to Twitter to talk up stock prices, tweeting: “Stock market starting to look very good to me.”

The Dow has lost more than 8,000 points since then.