What was the global equity-market collapse that began in February 2020 as COVID-19 spread called?
Answer
2020 stock market crash
Answer
2020 stock market crash
The global equity-market collapse that began in February 2020 as COVID-19 spread was called the 2020 stock market crash.
The sell-off accelerated as governments and investors assessed the effects of the COVID-19 pandemic, including travel restrictions, business closures, supply-chain disruption, and falling economic activity. Major stock indexes around the world dropped rapidly, while uncertainty caused extreme volatility in financial markets.
The Dow Jones Industrial Average entered a bear market on March 11, 2020, and trading was temporarily halted several times by U.S. circuit breakers during the sharpest declines. Central banks and governments introduced emergency measures, including interest-rate cuts, asset purchases, and fiscal support. Markets later rebounded strongly, although the pandemic continued to affect employment, public health, inflation, and economic policy. The event is distinct from the 2008 crash, which began with a financial-system and housing-credit crisis.
Source: Wikipedia · fact-checked Oct. 2026