The market just triggered a 'circuit breaker' that keeps stocks from falling through the floor. Here's what you need to know
The S&P 500 fell more than 7% Monday, triggering circuit breakers that temporarily helped halt a further plunge. The index hit “limit down” shortly after the open, halting trading below that level for 15 minutes. The market resumed trading at 9:49 am ET and continued a decline that saw the Dow Jones Industrial Average briefly shed more than 2,000 points.
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