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.
Rogue TX Police Dept. Arrests Woman for Criticizing Town’s Water, So State Disbands Entire Dept.
‘American Idol’ Moves Production from California to Georgia in Cost-Cutting Measure
Kavanaugh throws Trump ‘a lifeline’ on mail ballot rules despite Supreme Court loss before midterms
Explosive report exposes ‘dangerous imbalance’ in law school pipeline shaping how election cases are decided
West Virginia woman charged in death of ill husband she left on toilet for 19 hours
20 states sue to block Trump admin rule that would make it harder for immigrants to obtain visas, green cards
WATCH: Handcuffed inmate breaks free, punches deputy in wild courthouse escape attempt
Democrat candidate seen sobbing, praying in patrol car after DUI arrest: Video
Maryland family speaks out after ‘4-foot-long’ rabid beaver attacks 13-year-old boy
Watch: Chaos Erupts at Courthouse When Convict Busts Out of His Handcuffs and Charges Through Sheriff’s Deputies
House Passes Legislation Forcing Data Centers to Foot the Bill for Increased Utility Costs
Dem insurgent turns on the charm with party establishment as Schumer leaves bitter feud hanging
Don’t Fall Into the Sydney Sweeney Trap: Supporting Everything the Left Hates Is Not Conservative
White House Chief of Staff Susie Wiles Announces She Has Beaten Cancer
Lawmakers say they are standing at the gates against ‘Trojan horses’ promoting malign foreign interests
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.
