Wall St. Resumes Trading After 7% Slide Triggers Halt

Thursday, March 12, 2020 10:20 am | < 1 Minute Read

The Dow Jones Industrial Average is displayed after the closing bell on the floor of the New York Stock Exchange (NYSE) in New York City, Wednesday. (Reuters/Andrew Kelly)

U.S. stock indexes resumed trading on Thursday after being halted for 15 minutes, as the benchmark S&P 500 index plunged 7% and triggered an automatic cutout shortly after the opening bell, for the second time this week.

Wall Street sank into a bear market as a shock move by President Donald Trump to halt travel from Europe rattled investors already alarmed about a global recession on the back of a coronavirus pandemic.

All three main indexes have now fallen over 24% from their intraday record highs hit in February.

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