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.
IRS confirms Trump-ordered $1,776 ‘Warrior Dividend’ for 1.45M troops is tax-free
Michael Cohen says NY prosecutors ‘pressured and coerced’ him into anti-Trump testimony
Illegal alien with 24 convictions among ‘worst of the worst’ arrested in Minnesota ICE operation: DHS
CNN Forced to Admit Trump’s Efforts Have Already Had a ‘Huge’ Impact on Housing Affordability
Mother of Hunter Biden’s Youngest Daughter Asks Judge to Jail Him for ‘Ghosting’ Girl
Elderly Man Sues McDonald’s, Says Staff Failed to Act Before Wife Was Killed by Vagrant in Unprovoked Drive-Thru Attack
Schumer reveals ‘bipartisan’ plans to reverse DOGE cuts as lawmakers work through funding push
Cat caught on camera starting dangerous kitchen fire after jumping on stove and turning on burner
Mamdani announces $2.1M settlement with major landlord as tenants describe ‘nightmare’ conditions
Utah County accuses Tyler Robinson legal team of ‘ambush’ effort to disqualify prosecutors
Tyler Robinson Seeks to Upend Case by Getting Prosecutors Disqualified
DOJ urges judge to reject lawmakers’ bid for special master in Epstein files dispute
Cancer-stricken children urge Bernie Sanders to back life-saving pediatric healthcare bill
Hunter Biden accused of ghosting daughter with Lunden Roberts and violating child support agreement
Colbert Reminds Us Why He Was Canceled, Smears ICE Agents as ‘Masked Goons’ Who Are ‘Victimizing’ Minnesota
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.
