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.
MN Dem Sen candidate in hot seat over upcoming event hosted by man enveloped in fraud scandal: ‘Red flags’
Thune’s midterm crossroads: Keep the Senate working or let candidates campaign
Republicans face brutal midterm headwinds. Six forces could help them defy history.
Parents accuse Oregon hospital of making them drive dead baby home to Seattle: lawsuit
Tennessee cops raided man’s home after he criticized officer for speeding: lawsuit
Pure Evil: Missouri Mother Pleads Out After Baking Tiny Baby to Death in Oven – Her Sentence Proves Society Has Lost Its Way
Illegal alien allegedly grabs school police officer’s gun, shoots him in femoral artery: DOJ
Previously Deported Illegal Alien Charged with Horrific Crimes Against Louisiana Child
One of the Left’s Favorite Podcasters Calls Christian Conservatives a ‘Cancer’ to America
Michigan student confronts El-Sayed over Iran stance in tense exchange: ‘Do you stand with us?’
NYC kitten rescue defends ‘NO F—ING MAGA’ adoption policy as PETA calls for it to be abolished
Soft-on-Crime DA Called ‘Bloody Mary’ Caught Trying to Toss Child-Killer’s Life Sentence Because It’s Just Not Fair
Tylenol murders mystery deepens after sheriff’s office solves decades-old ‘Unknown Wanderer’ cold case
Woke Liberal Busted Pretending to Be Palestinian Apologizes: ‘I Am a White Woman of Significant Privilege’
Local Virginia GOP chair says Arlington County officials prioritize illegal immigrants over public safety
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.
