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.
CIA Whistleblower Alleges Coverup of COVID-19 Lab Leak Intelligence
John Fetterman Opens Up About Phone Call to Erika Kirk, Rips Into Her Critics: ‘What’s Wrong With People?’
Hunter Biden resurfaces in LA, reacts to questions about Biden tapes, UFO files
EXCLUSIVE VIDEO: Bishop Barron to address ‘true threat to democracy’ at Trump prayer event
Bill Cassidy’s political future hangs in the balance
Senator John Kennedy introduces America to ‘Margaret,’ his elliptical trainer named after Thatcher
Waymo driverless cars overrun Atlanta neighborhood, circling cul-de-sacs and alarming families with kids
Lithuania and Poland forecast ‘military aid’ to help open Strait of Hormuz amid denials of US troop reductions in region
From Revival to Reformation: Why I’m Running for Governor of California
Here’s Where the Redistricting Wars Stand as the 2026 Midterms Approach
Trump Urged to Address Plight of Persecuted Chinese Minorities During Beijing Visit
In the Battle for School Choice, Families Get Stuck in the Middle
Fox News Campus Radicals Newsletter: Detransitioner drama, sex toy giveaways, shocking bathroom find
Former Christian school teacher sentenced after pleading guilty to child seduction charge
Colorado governor commutes Tina Peters’ sentence as Trump posts ‘FREE TINA!’
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.
