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Wall Street Suffers Worst Rout Since Black Monday as Virus Response Eludes Washington NewsColony WASHINGTON — Financial markets plunged again on Thursday, with Wall Street suffering its biggest one-day drop since the Black Monday stock market crash in 1987, as Washington struggled to reach agreement on how to respond to the growing economic threat posed by the spread of the coronavirus. The Federal Reserve, in a drastic attempt to ensure Wall Street remained functional as volatility roiled even normally staid bond markets , said it would promptly inject as much as $1.5 trillion in loans into the banking system and broaden its purchases of Treasury securities. But neither the Fed’s actions, nor a plan by the European Central Bank to offer cheap loans to banks and step up its bond-buying campaign, were enough to assuage investors, who sent the S&P 500 down 9.5 percent. The Wall Street rout only increased pressure on Congress and the White House to hammer out a relief package...