At 9:37 EST, the Dow Jones opened DOWN over 350 points this morning. Watch the market today if you have money tied up.
Did you know…
about stock market circuit breakers? I didn’t.
I have yet to find an exact current definition, but I can give you a general one.
A circuit breaker is if the stock market plunges X amount of points in a certain amount of time, then trading is stopped for a pre-specified amount of time.
For example, if the market dropped 1700 points in a few hours, trading would be stopped for say an hour or two, depending on the exact rule.
The more it drops, the longer trading is suspended.
I did not know that.
The Dow Jones closed down 276 points today. Coulda been worse.
The year just started.