Here's how much the stock market must plunge before it gets shut down
Peter Morgan/AP
- Stocks have erased their gains for the year in a volatile week of trading.
- The S&P 500 fell by over 4% at its worst levels of this week's selloff on Monday.
- The Securities and Exchange Commission's so-called circuit breakers trigger if the index falls by 7%, 13%, or 20% from the previous session's closing price.
The stock market is getting rocked this week.
The Dow Jones industrial average on Monday had its biggest intraday fall in history on a point basis and was down more than 1,500 points, or 5%, at its lows of the day. The benchmark S&P 500 fell nearly 4%.See the rest of the story at Business Insider
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See Also:
- Stocks are getting creamed as a volatile week rages on
- Stocks fall into the market close as rocky trading week continues
- TUESDAY TURNAROUND: Dow jumps 567 points the day after its biggest point drop on record
SEE ALSO: Dow craters as much as 1,500 points as stock swing wildly in 2nd day of selloff
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