Tell me if you've heard this one before. S&P 500 stocks opened 8.14% down and triggered a “circuit breaker” for a 15-minute halt to trading. The difference this time? It happened right out of the gates. The Dow opened down 9.71%. For reference, the S&P 500 triggers at 7%, 13% then 20%. … [Read more...] about S&P 500 Opens Down 8%, Dow Down 9.7%, Trading Halted 15 Minutes, Third Time Since Last Week
Stock Market
Stock Market Opens Down 7%, Trading Halted 15 Minutes, AGAIN
For the second time this week, a few minutes into trading stocks hit 7% down and triggered a “circuit breaker” for a 15-minute halt to trading. For reference, the S&P 500 triggers at 7%, 13% then 20%. … [Read more...] about Stock Market Opens Down 7%, Trading Halted 15 Minutes, AGAIN
Stock Market Opens Down 7%, Trading Halted 15 Minutes
A few minutes into trading stocks hit 7% down and triggered a "circuit breaker" for a 15-minute halt to trading. For reference, the S&P 500 triggers at 7%, 13% then 20%. This isn't the kind of history that we want to witness. Hold on to your seats, but trade responsibly! … [Read more...] about Stock Market Opens Down 7%, Trading Halted 15 Minutes
Fed Cuts Rates, Stocks Tank
Is anyone really surprised? The Federal Reserve's emergency rate failed to calm skittish investors. U.S. equity markets tumbled and the 10-year Treasury yield hit a record low after Chairman Jerome Powell explained the intra-meeting rate cut was designed to cushion the economy from any coronavirus-related fallout. The Dow Jones Industrials sank nearly 800 points or 3 … [Read more...] about Fed Cuts Rates, Stocks Tank