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.
Lawyers, experts urge Tennessee governor to commute Christa Pike’s sentence after botched execution
AOC’s dramatic retelling of Cornell rape allegations collides with complaint details
Trans NYT Executive Faced Child Cruelty Charges Before Shooting Death – Police Say In-Laws Opened Fire
Texts cited by Eric Schmitt at Jack Smith hearing lacked team names: Report
Breaking: Trump Economy Notches Win as US Jobless Numbers Plummet to Half-Century Low Last Seen in 1969
College professor accused of sending explicit Snapchat messages in child solicitation case: sheriff’s office
EXCLUSIVE: Supreme Court prayer grotto case could impact ‘every single zoning law’ in America, attorney says
DOJ reindicts DC pipe bomb suspect after FBI confession transcript released
‘Conspiracy’ Speculation Erupts After Botched Execution of Christa Pike: ‘There’s No Way’
Rerun of ‘America’s Most Wanted’ Leads to Arrest in Cold Case That Haunted Detectives for Decades
Multiple People Dead As Medevac Chopper Crashes Off LA Coast, Weeks After News Helicopter Went Down
Mamdani pledges millions to combat antisemitism while leaving key question unresolved
Democratic Senate Candidate Begs Kamala Harris to Stay Away from His Campaign: ‘Please, No’
Sleeper Senate race emerges as unexpected headache for Republicans ahead of midterms
Fox News Poll: Turek, Hinson in close Iowa Senate race
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.
