Asian markets continued to head southwards on Friday trading following the Dow and S&P 500’s worst performance in the US since 1987.
President Donald Trump’s announcement of a ban on flights from the European Union into the US did little to shore up confidence and his administration is facing criticism over its handling of the crisis.
Even the Federal Reserve’s promise of $1.5 trillion failed to stem the sea of red.
Al Jazeera’s Kristen Saloomey reports from New York.
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Donald John Trump was the 45th President of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.
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S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. One division of the business, S&P Global Ratings, is considered the largest of the Big Three credit-rating agencies, which also include Moody’s Investors Service and Fitch Ratings.