The NYSE opens at 9:30 am EST and closes at 4:00 pm
The most reported and most followed is the DOW Ind. Average.
The DOW closed at 23,553.22 Wednesday.
If the markets plunge to certain levels, trading will be
halted for a time.
This is commonly known as “circuit breakers”.
The circuit breakers are triggered by a decline in the S&P 500,
not the DOW, although both indexes usually rise and fall in
very similar percentages.
The S&P 500 closed at 2,714.38 Wednesday.
…”If the index falls by 7% below its previous close, this is
known as a Level 1 decline. A Level 2 decline refers to a
drop of 13%, whereas a Level 3 decline refers to a drop of 20%.
Level 1 or 2 circuit breakers halt trading on all exchanges
for 15 minutes, unless they are triggered at or after 3:25 PM,
in which case trading is allowed to continue. Level 3 circuit
breakers halt trading for the remainder of the trading day
(9:30 AM to 4:00 PM).”…
Trigger targets for today:
Level 1 : -191.90 = 2,549.48
Level 2 : -356.38 = 2,385.00
Level 3 : -548.28 = 2,193.10
Expectation of approximate DOW levels at triggers:
Level 1 : -1,648.73 = 21,904.49
Level 2 : -3,061.92 = 20,491.30
Level 3 : -4,710.64 = 18,842.58
Dow Futures are down -1,000+ early.
Plunge Protection Team today?
h/t Trained Noticer