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.
Missing 19-year-old Camila Mendoza Olmos believed to be ‘in imminent danger,’ Texas sheriff says
Manhunts across America in 2025: Five cases that left cities, campuses and towns on edge
5 pivotal 2026 Senate races will determine whether Republicans maintain governing trifecta under Trump
FBI Foils New Year’s Eve Terror Plot by ‘Pro-Palestinian’ Group in California: Officials
Trump stress-tests Thune’s Senate majority with record-breaking year
Health insurers drift leftward in campaign donations even as they seek to sway GOP
GOP Rep to Force Vote on Expelling Ilhan Omar from Congress
DC pipe bomb suspect says someone needed to ‘speak up’ about stolen election claims
Marjorie Taylor Greene criticizes Trump’s meetings with Zelenskyy, Netanyahu: ‘Can we just do America’
Tim Walz pushes back on Minnesota fraud allegations following viral daycare video
Ilhan Omar’s Somaliland stance slammed as Minnesota fraud scandal deepens
Somali Scammers May Have Stole Enough Minnesota Medicaid Funds to Match Somalia’s GDP
Trump, Zelenskyy say Ukraine peace deal close but ‘thorny issues’ remain after Florida talks
ICE delivers ‘greatest gift of all’ with Christmas arrests of convicted criminals across multiple states
Major cities see violent crime surge as national rates plummet significantly in 2025: survey
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.
