S&P futures just opened -3.5%. Limit down is -5%. Once limit...

S&P futures just opened -3.5%.

Limit down is -5%.

Once limit down is hit, then futures trading stops until the cash open (9:30 am).

After that the exchange circuit breakers kick in at -7%, -13% and -20%.

Each time a circuit breaker is hit, there is a :15 minute halt in cash trading until -20% at which point trading is halted for the day. During the pandemic, the first two circuit breakers were hit on the worst day of trading -14%.

https://x.com/SuburbanDrone/status/1907558363145117926

....now the market awaits how those other countries will respond or retaliate.

....Trump used his tariff weapon against ALL nations globally.

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