US stock market crashes, trading temporarily halted

(The Hill)

Stock trading was halted Monday after the S&P 500 index fell 7 per cent after the market opened, triggering an automatic freeze.

Trading was paused for 15 minutes after the S&P slipped below a “circuit breaker” level designed to prevent a broader stock market crash in times of high volatility.

The Dow Jones Industrial Average plummeted by 1,884 points as trading opened, a 7.29 per cent drop and the Nasdaq composite sank 7.1 per cent.

Trading resumed before 10 a.m. ET.

Tags:

Breaking news & top stories

Stay connected with The Sun Newspaper

Get breaking news, exclusive stories, and live updates delivered straight to your phone. Join thousands of readers already following us on Whatsapp Channel and Telegram.

Follow on Channel Join Telegram

Breaking news & top stories

Follow The Sun Newspaper

Get live updates & exclusive stories delivered straight to your phone.

WhatsApp Channel Telegram