When stock prices and stock futures fell rapidly in a meeting, the exchange stopped pauses in trading to give cool heads the upper hand and avoid the market crash we have seen on Wall Street in the past.

Such actions usually occur during periods of extreme market volatility, e.g. March 2020 – When the COVID-19 pandemic has made global markets thrive. This time, the president has implemented surprisingly highly universal tariffs and has surged global trade tensions Donald Trump Exerted huge pressure on stocks, sold out continue on Monday.

During regular hours between 9:30 a.m. ET-4 p.m. ET, stock trading may be suspended if it is on the market S&P 500 Trigger “circuit breaker”. These happen when the benchmark index drops a certain amount intraday, causing the exchange to temporarily stop all trading. All major stock exchanges comply with the pauses of these transactions.

There are three circuit breaker levels:

• Level 1: The S&P 500 index fell 7% intraday. If this happened before 3:25 pm ET, the transaction stopped for 15 minutes. If this happens after this, the transaction will continue unless the 3rd-level circuit breaker trips.
• Level 2: The S&P 500 fell 13% intraday. If this happens before 3:25 pm ET, the transaction stops for 15 minutes. If this occurs after this, the transaction will continue unless the 3rd-level circuit breaker is triggered.
• Level 3: The S&P 500 fell 20% intraday. At this point, the exchange paused trading for the remaining time.

The benchmark ended at 5,074.08 at Friday’s meeting. Here are the thresholds the S&P 500 needs to reach during Monday’s meeting: the different circuit breakers to trigger:

• Level 1: 4,718.89
• Level 2: 4,414.45
• Level 3: 4,059.26

Within a non-US trading hour – the next day 6pm ET – 9:30pm ET – if Standard & Poor’s Futures Leave 7% and then stop trading until traders willing to buy contracts at “limited” levels.

Russell 2000 Futures’ futures tracking the small-cap benchmark hit that threshold briefly overnight, down 7% before the bounce.

Wall Street is about to hold a horrible meeting. The S&P 500 index fell nearly 6% on Friday, its worst day since March 16, 2020, when it sank 11.98%. The Dow Jones industrial average fell by 5.5%, the biggest one-day drop since June 11, 2020. Nasdaq Comprehensive Materials fell 5.8% on Friday, ending the day in a bear market, down more than 20% from its record high in December.

Sales continued Monday, with the S&P 500 losing 4.5% to enter bear territory, down more than 20% from its record high in February.

Correction: Dow Jones industrial average fell by 5.5%, the biggest one-day drop since June 11, 2020. Earlier versions misunderstood this percentage.

Let your tickets go live

Join our NYSE!
An uncertain market? Get an advantage CNBC Pro LiveThis is the exclusive opening ceremony on the historic stock exchange in New York.

In today’s dynamic financial landscape, it is crucial to gain expert insights. As a CNBC Pro subscriber, We invite you Join Us The first exclusive CNBC Pro live event on the iconic New York Stock Exchange Thursday, June 12.

Join the Interactive Pro Clinic led by our professionals Carter Worth and Niles and Dan Ives, Special edition with Pro with Tom Lee. You will also have the opportunity to connect with CNBC experts, talents and other professional subscribers during the exciting cocktail party at Legend Trading Building. Tickets are limited!