Which global stock-market crash in March 2020 was triggered by economic fears during the COVID-19 pandemic?

The global stock-market crash in March 2020 triggered by economic fears during the COVID-19 pandemic was the COVID-19 market crash.

As the virus spread internationally, governments introduced travel restrictions, business closures, and stay-at-home measures. Investors rapidly revised expectations for company earnings, employment, trade, and economic growth. Oil-market tensions added to the pressure during the early phase of the sell-off.

U.S. markets experienced four trading halts in March under the market’s circuit-breaker rules. The Dow Jones Industrial Average fell 12.9% on March 16, 2020, one of the largest one-day percentage declines in its history. The S&P 500 entered a bear market in March.

Massive fiscal support, central-bank action, and progress toward vaccines helped markets recover later in 2020. The crash was unusually fast, and the subsequent recovery was also rapid compared with many earlier market crises, though economic damage remained severe in many sectors.