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SquigleDog7's avatar

For the Dow Jones Industrial Average (DJIA), Nasdaq Composite, and S&P 500, the market-wide circuit breaker system is primarily tied to the S&P 500's performance, as it’s considered the benchmark for U.S. equity markets. These circuit breakers are designed to halt trading across all U.S. equity markets (including the Dow and Nasdaq) when significant declines occur, giving investors a breather during extreme volatility. The levels are calculated as percentage drops from the previous day's closing value of the S&P 500 and apply universally. Here’s how they break down:

- Level 1: A 7% decline in the S&P 500 triggers a 15-minute trading halt, unless it happens after 3:25 p.m. ET, in which case trading continues.

- Level 2: A 13% decline in the S&P 500 triggers another 15-minute halt, again only if it occurs before 3:25 p.m. ET.

- Level 3: A 20% decline in the S&P 500 halts trading for the rest of the day, regardless of the time it happens.

These thresholds are set daily based on the S&P 500’s prior close and are not specific to the Dow or Nasdaq individually—when the S&P 500 hits these levels, trading stops across all major indexes, including futures markets like the E-mini S&P 500, Nasdaq 100, and Dow futures.

For example, if the S&P 500 closed at 5,500 the previous day:

- 7% = 385 points (halt at ~5,115)

- 13% = 715 points (halt at ~4,785)

- 20% = 1,100 points (market closed at ~4,400)

The Dow and Nasdaq don’t have their own percentage-based triggers; they follow the S&P 500’s lead. Historically, these rules were updated after events like the 1987 Black Monday crash and the 2010 Flash Crash, and they’ve remained consistent into 2025 based on current regulatory frameworks.

Note that individual stocks or ETFs (like those on the Nasdaq) might also face single-stock circuit breakers under the Limit Up-Limit Down (LULD) plan, but that’s a different mechanism—typically 5%, 10%, or 20% moves in a five-minute window, depending on the stock’s price and tier.

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Str8_Shot's avatar

In case anyone is wondering, from this morning Greg’s video about the “destruction” taking place. There’s only one group of people pulling these strings:

“We Jews, we, the destroyers, will remain the destroyers for ever. Nothing that you will do will meet our needs and demands - The wretched fate which scattered us through your midst has thrust this unwelcome role upon us." - p. 155, Maurice Samuel, You Gentiles

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