Region:
USA
Category:
Economy

Wall Street trade halted as S&P hits down limit

  • Wall Street trade halted as S&P hits down limit
    Dow dives 2,000 points after oil shock Wall Street trade halted as S&P hits down limit
Region:
USA
Category:
Economy
Publication date:
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Trading on U.S. stock exchanges was halted immediately after opening on Monday, as the S&P 500 fell 7%, triggering an automatic 15 minute cutout put in place after the 2008-9 financial crisis.

Wall Street’s main indexes dropped 7% and the Dow Jones Industrials crashed 2,000 points in what would be its biggest one-day fall ever, as trading resumed on Monday following a 22% slump in oil prices.

Trading on U.S. stock exchanges was halted immediately after opening on Monday, as the S&P 500 fell 7%, triggering an automatic 15 minute cutout put in place after the 2008-9 financial crisis.