5 charts that reveal the stunning depth of the coronavirus-driven market carnage

5 charts that reveal the stunning depth of the coronavirus-driven market carnage

Monday, March 9 featured a particularly vicious bout of volatility as theS&P 500 closed down nearly 8%, while massive inflows to US Treasurys pushed the entire yield curve below 1% for the first time in history.. The S&P 500 has now fallen roughly 18% from a recent record high reached on Feb. 19, while Treasury yields have repeatedly hit fresh all-time lows.. Are five charts revealing the intensity of recent market volatility.. Their inability to agree on production cuts prompted a 31% crude sell-off , its biggest intraday drop since the Gulf War in 1991.. Read more: GOLDMAN SACHS: These 15 stocks are plunging with the market, but their powerful long-term growth could make them bargains to buy right now. Stocks initially trended higher after the 15-minute pause but ended the day down 7.6%.. While risk assets saw the most selling activity in more than a decade, investors ran to the few insulated assets they could find.. A traditional hedge bet for market downturns, gold soared through Monday's session.. Gold has since fallen while risk assets recover in Tuesday trading, but the metal remains up 9% year-to-date as coronavirus fears prop up its value.. Companies are pulling back on one