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.
California woman accused of killing trans son-in-law puts blame on husband in new docs: reports
Sheriff’s department gives update on Nancy Guthrie case 9 months after kidnapping
CEO of California-Based In-N-Out Burger Teases Major Expansion East
Masked Invaders Stage Terrifying Armed Attack on CEO’s Family Home: Both Daughters Shot, Wife Struck with Hammer
Carney aims for June deal with EU to define ‘associate member’ status in bid to undercut US influence
EXCLUSIVE: ICE captures illegal alien at center of NYC manhunt after sanctuary city release
Absurd: ICE Agent Faces Assault Charge in Texas for Striking Fleeing Illegal Immigrant
WATCH: Air Force One Performs ‘Epic’ Halloween Flyover for White House Trick-or-Treaters
DOJ insists it just wants Alaska ballots preserved and isn’t seeking to change votes
BREAKING: Bessent and FBI Director Kash Patel Announce Multimillion-Dollar Fraud Arrests in Sweeping Minnesota Crackdown
Heroic Crack Shot Local Cop Sniper Who Saved Trump’s Life ‘Erased’ from News by Embarrassed Feds: Family
‘Biscuit’ the dog is latest dead felon to get their voting rights back from Spanberger, confused owner says
Fox News Campus Radicals Newsletter: A rare reversal, a Christian battle and a reality check
Appeals court rejects DOJ effort to set aside 20,000 mail-in ballots, teeing up Supreme Court gambit
Polish president scrambles back from overseas trip amid Donald Tusk-led ‘coup d’état’ at police-swarmed Constitutional Tribunal
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.
