Just five minutes into trading this morning (Monday), the S&P 500 tanked 7%.
The sudden drop prompted a 15-minute trading halt.
With today's drop, we're very close to hitting a bear market in 2020.
A "bear market" is defined as a 20% drop from market highs. The bear market level for the S&P 500 is near 2,700 points.
At today's lows, the S&P 500 hit 2,752.
The most important thing to remember right now is not to panic.
Today, we'll show you how to protect your money from this unprecedented situation.