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.
Jill Biden says former president will live with stage 4 cancer ‘for the rest of his life,’ has slowed down
Last surviving ‘Rosie the Riveters’ honored by WWII Museum on D-Day Anniversary: ‘We can do it’
Woman allegedly choked subway rider, yelled antisemitic remarks in attack caught on video: police
Steve Hilton launches ad mocking Xavier Becerra’s ’36 years’ as a career politician in California gov race
WATCH – Smug Dem Rep’s Face Goes Totally Blank After a Cool Sec. Bessent Educates Him About His Own Branch of Government
GRAPHIC: The Excuse This Islamist Gives for Raping 250 Women Shows Why Islam and the West Can’t Exist Together
Vance Enrages Starmer with His Condemnation of the Police Response to Henry Nowak’s Murder
Pennsylvania AG explains why state leads nation in Medicaid fraud convictions while others battle mass schemes
Veteran-founded bourbon brand wins $25,000 Fox Business contest: ‘Sip to remember’
Witnesses in Karmelo Anthony murder trial confirm Austin Metcalf’s words immediately after attack
Trump issues pardon to former Republican congressman convicted of insider trading
The Way to Save Education Is Through School Choice
Christians Are Being Hunted Like Sport
Indian Christians Face Rising Levels of Persecution as Hindu Nationalism Grows
The Case For A Smaller, Humbler Federal Reserve
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.
