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.
Minneapolis ‘Clan Violence’ Targets Scholar Who Exposed Ilhan Omar’s Father as Colonel in Bloody Regime, Forces Him to Cancel Visit: Report
Mamdani Vowed for Accountability in Catastrophic Building Collapse That Killed 8 – New Report Points the Finger at His Own Admin
White House lawyer’s hardball warning to Dems has legal experts on both sides questioning one key threat
Dems seize on midterm rout to demand ICE reform but polls reveal a twist in who prioritized immigration
Woke Formula One Driver Visits, Condemns Wall Imprisoning Palestinians – Clearly Has No Idea Egypt Actually Built It
The Genius Voting System We Could Use That Rewards Working, Military Service, and Age – Penalizes Taking Welfare, Being Criminal
Rep. Ro Khanna Demands We Begin ‘Rejecting This Idea of Heritage Americans’
Anti-Trump Republican courts other defectors as House weighs another vote against Iran war
Pentagon’s former UFO investigator offers simple theory for mysterious jellyfish-shaped object on video
Florida Republican on Democrats’ strategy: ‘That’s the choice they have to make…persecution or policy’
Transportation Sec. Sean Duffy Explains What Went Wrong as FAA Lifts Nationwide Ground Stop
Natalee Holloway’s confessed killer caught trying to extort $250K from grieving mother in FBI sting video
From Democrats’ midterm romp to the MLB, many victors come out of the blue
Blue wave hits Vance’s 2028 chances
Newsom’s 2028 announcement puts Democrats on notice, but rivals aren’t rushing to follow
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.
