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S&P 500 Drops More Than 7% Triggering Circuit Breakers Which Stopped Stocks From Falling Through The Floor

Ramsey Baker

Summary: The S&P 500 fell more than 7% Monday, triggering circuit breakers that temporarily assisted in halting a further plunge. The index hit “limit down” not long after opening, which stopped trading below that level for 15 minutes. The market recommenced trading at 9:49 am ET and continued a decline that saw the Dow Jones Industrial ...

The S&P 500 fell more than 7% Monday, triggering circuit breakers that temporarily assisted in halting a further plunge.

The index hit “limit down” not long after opening, which stopped trading below that level for 15 minutes. The market recommenced trading at 9:49 am ET and continued a decline that saw the Dow Jones Industrial Average briefly drop more than 2,000 points.

By Ramsey Baker

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