Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Circuit Breakers - For Current/Future Reference

edited April 7 in Other Investing
I posted this elsewhere, but thought we might want to be able to locate this data w/o searching.
So, for today and likely future reference...

https://www.cnbc.com/2025/04/06/sp-500-circuit-breaker-on-tariff-worries-what-that-means.html

Excerpt:

There are three circuit breaker levels:

Level 1: The S&P 500 falls 7% intraday. If this occurs before 3:25 p.m. ET, trading is halted for 15 minutes. If it happens after that time, trading continues unless a level 3 breaker is tripped up.

Level 2: The S&P 500 drops 13% intraday. If this occurs before 3:25 p.m. ET, trading stops for 15 minutes. If it happens after that time, trading continues unless a level 3 breaker is triggered.

Level 3: The S&P 500 plunges 20% intraday. At this point, the Exchange suspends trading for the remainder of the day.

The benchmark closed Friday’s session at 5,074.08. Here are the thresholds the S&P 500 needs to reach during Monday’s session the different circuit breakers to be triggered:

Level 1: 4,718.89
Level 2: 4,414.45
Level 3: 4,059.26

Comments

  • edited April 7
    And for anybody who wants to better understand the fallacy of the materially incorrect tariff numbers in BOTH columns of the buffoon's tariff's plaque (that I've been posting about on various threads), try to locate CNBC's interview (at about 1:50 EDT today) with AEI's Derek Scissors. I will post it here if/when I locate it.
Sign In or Register to comment.