General Discussion
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no_hypocrisy
(50,954 posts)LuckyCharms
(19,861 posts)no_hypocrisy
(50,954 posts)C_U_L8R
(46,915 posts)Anyone else would have been shitcanned by now for such stupidity.
UpInArms
(52,459 posts)If it closes under 5500, the supports are gone
Boomerproud
(8,700 posts)Forgive my ignorance.
Torchlight
(4,452 posts)Level 1: 7% drop triggers a 15-minute trading halt.
Level 2: 13% drop triggers a 15-minute trading halt.
Level 3: 20% drop triggers a halt for the remainder of the trading day.
(this is an all-other-things-being-equal summation, additional factors can halt or suspend trading as well)
PoindexterOglethorpe
(27,644 posts)And a drop of just over 3% isn't going to trigger a halt.
LuckyCharms
(19,861 posts)total percentage drop in one day.
There are also intermediate LULD (limit up, limit down) circuit breakers for a percentage drop or increase that occurs faster than a predetermined time period (ie: x number of minutes).
RazorbackExpat
(441 posts)After 2 1/2 months of Trump: "The US economy is in the dumpster, and a fire has just started"
UpInArms
(52,459 posts)Price
Change
Dow Index
40,545.93
- 1,679.39
3.98%
S&P 500 Index
5,396.52
- 274.45
4.84%
NASDAQ Index
16,550.61
- 1,050.44
5.97%