A post by @DeItaone on X.
WALL STREET WATCHES CIRCUIT BREAKERS AS S&P 500 PLUNGES 3.8%
@DeItaone on X
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The S&P 500 fell 3.8% on Tuesday, a sharp selloff that pushed the index toward the first of Wall Street's circuit-breaker thresholds. Under US rules, a 7% decline to 7,150.41 would trigger a 15-minute market-wide trading halt, with further levels at 13% and 20%. The drop puts the focus on whether the decline deepens enough to force exchanges to pause trading for the first time in years. Traders are watching whether the index holds above the 7% trigger or extends losses toward the next thresholds.
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Named in this story
S&P 500, Walter Bloomberg