this post was submitted on 07 Apr 2025
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[–] footfaults@lemmygrad.ml 4 points 1 month ago (1 children)

Pre-market has S&P down ~3%. I think we're going to hit the 7% circuit breaker today

[–] merthyr1831@lemmy.ml 1 points 1 month ago

Level 1 circuit breaker suspends trading for 15 minutes

boo. shut it down motherfuckers!!!

[–] VaqueroRed@lemmygrad.ml 3 points 1 month ago

Historically when it comes to stock market crashes, a foreign market will have a smaller correction some time immediately before a larger and more serious correction in the United States.

[–] merthyr1831@lemmy.ml 1 points 1 month ago

How does the circuit breaker work? Does it trigger based on a timer or after each trade? Like, could the market crash so fast in the space of 5 seconds that it goes an extra % point or two below the magic number?