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.
Watch: Reporter Narrowly Dodges ‘Murder Attempt’ While Filming Outside ‘Taxpayer Funded Drug Dealing Operation’
‘Cornell 7’ Case Turns Political as Kathy Hochul Gets Involved with Executive Order
FBI overhauls tech backbone to counter AI threats from foreign adversaries, reduce response times, Patel says
Gypsy Rose Blanchard’s partner, Ken Urker, found dead inside his Louisiana home: sheriff
Amazon expands Prime settlement payouts: Do you qualify?
Dems demanding Venezuela brief face State Department fury as senators leave town without answers
VA University in Legal Trouble After Trying to Take Control of Christian Student Groups but Ignoring Muslims
DOJ Considering Whether Prosecutor’s Office Committed Misconduct Against Nixon: Report
Obama judge halts Trump firing bid as decades-old legal authority tees up possible major reversal
Somali former aide to Minneapolis mayor sentenced in Feeding Our Future fraud case
Socialist streamer Hasan Piker faces fury after pressuring Talarico to enact far-left policy if elected
Pope Leo XIV says Vatican is renewing alliance with ‘artists and cultural institutions’ against AI
Leftists Melt Down as Rapper Eminem Partners with Kid Rock on New Christian Album
Hochul says she’s ‘deeply disturbed’ by handling of Cornell rape case
Trump campaign insider reveals strategy behind midterm blitz that White House hopes pays off big
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.
