u.s. shares plunge on Wednesday. There is, therefore, introduced handelsstop on the u.s. stock market. It happens when the broad S&P 500 index falling more than seven percent.
in Order to avoid the panicky decline at the stock exchange, americans have some mechanisms in place that can suspend the trade at big falls. The deal is initially suspended in a neighbourhood.
The u.s. stock market, like the rest of the world experienced large swings in the recent past due to the coronakrisen.
There is open for trading again, but investors are not, however, calmed in spite of the slight pause. The three leading index, which counts the S&P 500, Dow Jones and the technology-intensive Nasdaq, the hills between 7 and 8.7 percent.
when the bells rang on Wall Street on Wednesday morning, american time, all three leading indices in the case of between 5.5 to 6 percent. The falls come otherwise after the u.s. stock market on Tuesday closed with solid pluses.
The latest handelsstop took place on Monday, where it has already happened when the market opened.
The first step, which can trigger a handelstop is that the index S&P 500 falls by seven percent in a day.
If the S&P 500 index continues to fall after the deal is set in motion and hits a fall of 13 percent in a single day, the trade gets suspended for 15 minutes on the new.
Framework index a decrease of 20 percent in a day, closing all trading for the rest of the day.
president of the UNITED states, Donald Trump, said earlier in the day that the UNITED states shut the border to Canada for all traffic that is not necessary.
It is not only in the UNITED states, that it has been a red day on the stock exchanges. The leading Danish index, C25, closed with a fall of 2.5 percent on Wednesday.
The major european stock markets could Wednesday also do not see themselves free to decline. In the Uk, France and Germany drattede the leading index between 3.7-to 5.6 percent on Wednesday.