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.
Bear caught on camera perched atop New Mexico utility pole before reportedly suffering fatal electrocution
Teachers who once dated and share child arrested after classroom argument spiraled into violence: police
Jack Smith hit with criminal referral as GOP moves testimony fight toward prosecution
Trump salutes ‘great heroes’ as he attends dignified transfer of US service members killed in Jordan, Iraq
Survivor of Hamas terror attack in Israel slams Mamdani over ‘dangerous’ video about Netanyahu
Far-left ‘Squad’ Dems mix up Jewish colleagues in botched attack — then get burned by their own votes
Ethiopian Immigrant Arrested After Execution of 3 Rental Workers – Felt He Was Being Discriminated Against
Judge questions whether Hegseth’s testosterone plan undermines transgender troops ban
Newsom turns to Hunter Biden’s high-powered ex-lawyer as federal scrutiny closes in on his family, allies
Fox News Star Crushes Lindsey Graham’s Sister, Other Contenders in South Carolina Senate Poll
Trump gives emotional tribute to fallen Army Lt Tyler Feehan after flying grieving family on Air Force One
Musk Pledges $100 Million to ‘Historically Accurate’ Version of ‘The Odyssey’ with Mel Gibson as Director
Chaos erupts as House passes $1.15T defense bill with Israel provision: ‘Stop stoking Jew hatred’
AOC surges past Buttigieg, leaves Harris in the dust in key 2028 battleground poll
Mamdani Gets a Reality Check from His Lawyers After Vow to Arrest Netanyahu
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.
