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.
US Kill Total on Drug Boats Hits 133 as Strike Takes Out 3 More ‘Narco-Terrorists’ in Caribbean
Trump announces $5 billion pledge in Gaza aid from Board of Peace members
Mobs in India Destroy Christian Homes After Believers Refuse to Renounce Jesus
Rubio defends US operation in Venezuela, calls out reporter for trying to start a fight
Columbia pulls promotion for DHS career expo after faculty claims university is aiding ‘authoritarianism’
UN Head Sends Congratulations to Iran on Anniversary of 1979 Revolution – Weeks After Muslim State Slaughtered Thousands of Its Own Citizens
NY Man Sentenced After Offering Cash and Bottle of Wild Turkey Bourbon for the Murder and Gruesome Disposal of Romantic Rival’s Body
Democrats say Trump redistricting push backfiring as Virginia advances new House maps
Hundreds of women pledge loyalty to ‘Deadpool Killer’ despite brutal double murder confession
Chicago-area teacher breaks silence after losing job over 2-word Facebook post supporting ICE: ‘Devastating’
Reuters Goes Out of Its Way to Brand Male Trans Mass Shooter a Woman
Watch: The Moment Paul Rudd Schools Young Co-Stars on Jesus, the Fact That He’s Real, and How Rudd Wants to Meet Him
AG Pam Bondi announces ‘all’ Epstein files have been released, listing over 300 high-profile names
Hillary Clinton says migration ‘went too far’ and ‘needs to be fixed in a humane way’
Thousands rally in Munich against Iran regime before second round of nuclear talks
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.
