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.
Toledo police name suspect Ka Nye Taylor in festival shooting that injured 12, hunt second gunman
Prosecutors won’t seek death penalty in Minnesota Democrat’s assassination
Ohio approves nearly billion dollar payment after court ruled state shortchanged nursing homes
Minnesota man marks FBI’s first arrest from DOJ’s ‘Most Wanted Fraudsters’ list
Musk’s xAI and SpaceX sued over ‘inescapable’ noise from data center plant
‘He Was Licking His Lips With the Blood’ – Witness to Would-Be Beheading in N. Ireland Shares Grotesque Details
House Dem lashes out at GOP efforts to probe foreign donations with stunning claim on motive
Undefeated lacrosse team’s championship dreams end in controversy after players punished over fake cigars
Video: Christian Coffee Shop Hosts Worship as Vicious Trans Activists Scream, Attack Right Outside Their Door
Trump Says US Has Gotten ‘Millions of Barrels’ of Oil Through the Strait of Hormuz ‘Every Night,’ and Iran Just Realized
Fact Check: Did California Officials Catch a Republican Woman Registering Her Dog to Vote?
‘Squad’ Dem dismisses fraud probe speculation after $29M net-worth drop
UPDATE: Victim in Would-Be Beheading Is ‘Vulnerable’ Person with Disabilities, According to Neighbors
BREAKING ALERT: US Launches Significant New Strikes Against Iran, Hegseth Warns Will Be ‘Busy Tonight’
Vulnerable House Dem’s ‘reckless spending’ on office furniture emerges as midterms heat up
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.
