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Stock trading halted after Dow sinks by nearly 10 percent one minute after opening

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For the third time in a week, the stock market has temporarily halted trading after the Dow Jones Industrial Average plummeted shortly after the opening bell.

The Dow on Monday set off circuit breaker protocols less than two minutes after the opening as stocks plunged by 2,250 points, or nearly 10 percent of the market’s total value.

The market’s latest plunge came after the Federal Reserve on Sunday issued a full one-point rate cut in an effort to stem off economic damage being inflicted by the coronavirus pandemic.

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Markets rose on Friday after President Donald Trump gathered with several top business leaders in the White House Rose Garden to tout their work in trying to slow the spread of the coronavirus, and Trump even boasted afterward that he had created the “BIGGEST STOCK MARKET RISE IN HISTORY.”

That triumph was short-lived, however, as markets proceeded to crash yet again just three days later.


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2020 Election

Trump slammed for ‘ridiculous’ ad trying to link Biden to the Chinese government

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On Friday, writing for The Washington Post, Greg Sargent tore apart President Donald Trump's "ridiculous" new attack ad trying to claim that Vice President Joe Biden is beholden to Chinese interests.

"The ad clips Biden’s words out of context to misleadingly imply that Biden criticized Trump’s decision to restrict travel from China, when that’s not what Biden did," wrote Sargent. "Second, the ad relies on numerous past quotes from Biden to demonstrate he’s supposedly been soft on China. But those quotes were mostly boilerplate diplomatic language — and Trump has repeatedly praised China in language very close to what Biden has used ... And third, the Asian man that Biden bowed to turns out to be Gary Locke, a former Washington governor and U.S. ambassador to China, an American."

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Trump rambles about ‘genius’ coronavirus during long-winded briefing: ‘The germ has gotten so brilliant’

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The leader of the free world rambled about his "brilliant enemy" during a coronavirus briefing that lasted over two hours.

Allies of the White House had been quoted in the press urging President Donald Trump to keep his remarks short, but that advice has apparently been ignored.

"When critics (and allies) make suggestions to him and they become public - such as the briefings ought to be shorter - POTUS often prefers to do the opposite. We're well past 90 minutes on this briefing," New York Times White House correspondent Maggie Haberman noted on Twitter as the briefing wore on.

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WATCH: Video shows pack of police forcibly remove man from a city bus — for not wearing a mask

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Shocking video from Philadelphia shows multiple police officers forcibly removing a man from a city bus -- reportedly for not wearing a mask.

"A video that went viral Friday shows what appeared to be four police officers, backed by about six more, forcibly pulling a man not wearing a face covering off of a SEPTA bus. After the uniformed and masked Philadelphia Police Department officers lift the adult man off the bus and engage in a brief confrontation, he walks away. No arrest. No ticket," WHYY-TV reports.

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