What was the name of the one-day 2020 global stock-market plunge on March 12?

The one-day 2020 global stock-market plunge on March 12 was called Black Thursday. Major markets fell as investors reacted to the rapid spread of COVID-19 and the economic restrictions being introduced around the world.

In the United States, the Dow Jones Industrial Average dropped 2,352.60 points, or 9.99%, on March 12, 2020. The S&P 500 and Nasdaq also suffered exceptionally large declines. The losses followed growing concern about travel bans, business closures, supply-chain disruption, and the sudden contraction of economic activity.

Black Thursday was part of a wider crash that included Black Monday on March 9 and another Black Monday on March 16. The U.S. Federal Reserve and other central banks later introduced major monetary measures, while governments launched fiscal support programmes. The name is distinct from Black Monday in 1987 and Black Tuesday in 1929.