Bears Roam the Market - Trading Curbs Imposed
CNBC Alert: Dow Jones Industrial Average Down Over 180 Points; Nasdaq and S&P 500 Off More Than 1.4%
Not a great day to be in the market.
3:40 EST Update: Dow Down Over 200 Points As Trading Curbs Imposed; Nasdaq and S&P 500 Are Off More Than 1.6%
What exactly is a trading curb? I had to look this up myself. From Wikipedia:
A trading curb, also known as a circuit breaker, is a point at which a stock market will stop trading for a period of time in response to substantial drops in value.
A trading curb is described as a circuit breaker. I guess it tripped this afternoon…
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