News Opinons Politics

Stocks Tank, Triggering Trading Halt, Then Tank Again

Stocks in the U.S. fell sharply after the opening bell, triggering a 15 minute trading halt, and then continued to fall further.

The S&P 500 fell past the 7 percent threshold within minutes of the stock market’s open on Monday, triggering the automatic halt on trading. When trading resumed, stocks continued to head lower.

As of around 10 a.m., the S&P 500 was down 9.9 percent. The Dow Jones Industrial Average had fallen 10.3 percent. The Nasdaq Composite was off by 9.4 percent.



Platner Self-Destruction Worsens: Dem Now Caught Bragging on Prices He Got for Cocaine, Doing Drugs in Military
Watch: Harold Ford Jr. Comes Out Guns Blazing Against Dems on Anti-ICE Riots – Brilliant 1 Min Monologue from ‘The Five’
Acting AG Blanche reveals fate of Trump’s ‘anti-weaponization fund’ under pressure from House lawmakers
Illegal immigrant flashes courtroom grin after allegedly killing baby, mother and grandmother
Dr. Oz unveils Medicaid overhaul, clamps down on $2B for illegal immigrants and mandates work for able-bodied
Trump reveals new WHCA Dinner venue after shooting chaos derailed gala
Don’t Forget: Key Platner Staffer Talked About His Penis in Book for 10-Year-Old Boys, Said He Wanted Them to See Images of It
Obama judge clears left-wing group to fly ominous flag aimed at Trump on his own turf
NEW VIDEO: UK Releases Outrageous Bodycam of Cops Who Cuffed Dying Brit for Being Racist Toward Man Who Stabbed Him
GOP demands Trump kill controversial $2B fund before reviving ICE funding package
WATCH: Schiff ducks Platner questions as embattled Dem Senate hopeful hits DC
Virginia bus driver from crash that killed five faces more manslaughter charges
Google Employee Charged with Stealing Search Data To Make $1.2 Million in Polymarket Scheme
Breaking: Trump Names Acting Director of National Intelligence After Tulsi Gabbard Announces Resignation
Foreign enemies have a shockingly simple way to track US troops overseas, lawmakers warn

See also  Israel kills top Hamas military chief in airstrike

Treasuries rallied, pushing down bond yields. The yield on the benchmark 10-year Treasury note fell to 0.791 percent.

A further decline could trigger another halt. A Level 1 halt, triggered four-minutes after the open Monday, occurs when the S&P 500 drops by 7 percent before 3:25 p.m. Trading is halted for 15 minutes.

A Level 2 halt, which halts trading for an additional 15 minutes, is triggered if stocks fall by an additional 6 percent, a 13 percent overall decline, from the prior close before 3:25 p.m.

A 20 percent decline triggers a Level 3 halt, which stops trading for the remainder of the day.

Story cited here.

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter