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.
Hasan Piker, cowboys, Charlie Kirk, and more: Top six takeaways from Republican midterm convention Night 2
Vance describes his hopes for baby son as he lays down a marker for 2028 with the speech of his life
Charlie Kirk supporters return to site of assassination 1 year later: ‘We are still standing’
Crowd erupts as Vance smacks down protester waving Mexican flag: ‘Get your a– over there’
Juror on Lindsay Clancy trial says ‘we let down Lindsay’ following mistrial
Top GOP senator reveals what Dem colleagues are fretting about behind closed doors
Several People Who Were Fired Over Charlie Kirk Comments Got Big Payouts or Were Given Their Jobs Back
Vance declares Democrats ‘party of hatred,’ says party has moved beyond big government, censorship
JD Vance to invoke Charlie Kirk, family ‘birthright’ in fiery midterm keynote speech thrashing Dems
FBI Busts Scheme to Use Skid-Row Homeless to Steal Voters’ Identities for Ballot Petitions
Conservatives Accuse Netflix of ‘Subtly Mocking Charlie Kirk’s Assassination,’ Call for Mass Cancellation
Patriots Announcers in Disbelief as QB Throws Away Season Opener on Final Play: ‘What Was He Thinking?’
Judge questions possible attorney conflict in DC pipe bomber case
Prosecutor Joseph diGenova resigns from DOJ role investigating Trump-Russia probes
Fatwas, holy wars and socialism: Inside the Islamic conference where El-Sayed drew a hero’s welcome
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.
