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.
AOC blames critics, Trump after Munich hiccup backlash
President Trump tells Netflix to fire Susan Rice or ‘pay consequences’
Rafter vanishes in Oregon wilderness, survives five-day ordeal before helicopter rescue
Zohran Mamdani declares NYC emergency, bans all travel during blizzard threatening city
Actual Convicted Terrorist Might Hold Office in European Country He Plotted Against
Don’t Let the Media Paint the Trans Hockey Shooter as MAGA – His X Profile Shows His Politics Were Inanely Contradictory, Even Schizophrenic
Breaking: Armed Man Shot Breaking Into Mar-A-Lago Carrying Fuel Can, Shotgun
Ex-Democrat Strategist Says AOC ‘Not Ready’ For Primetime After Her World Stage ‘Fumble’
Armed man shot and killed after ‘unauthorized entry’ into Mar-a-Lago: Secret Service
Exiled Iranian princess: Islamic regime ‘has never been this close’ to falling, people ‘begging’ Trump to help
Former FBI agent offers new theory about Nancy Guthrie’s disappearance: ‘Personal grievance’
Trump sending US military hospital ship to Greenland to ‘take care’ of sick
Anti-Voter ID Mamdani Pleads with Citizens to Show 2 Forms of ID to Sign Up for Emergency Snow Shoveling
Kentucky Christian Charter Schools Denied Public Funding by State Supreme Court
Third-party spoiler threatens to upend New Hampshire Senate race unless Trump ends ‘war on Crypto’
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.
