Wednesday, March 18, 2020

Market update: trading halted for the 4th time in 8 days (18 March 2020)

At 1:12 ET, the Level 1 circuit breaker was triggered with a 7.0% decline in the S&P 500. Trading was halted for 15 minutes. This is the 4th time trading was halted in the past 8 days.

 A cross-market trading halt can be triggered at three circuit breaker thresholds that measure a decrease against the prior day's closing price of the S&P 500 Index -- 7% (Level 1), 13% (Level 2), and 20% (Level 3) (NYSE, NYSE American and NYSE Arca Rule 7.12).

YTD:
  • Nasdaq Composite: -22.1% 
  •  S&P 500: -25.8% 
  •  Dow Jones Industrial Average: -30.3% 
  •  Russell 2000: -40.6%



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