Merchants, some in medical masks, work on the ground of the New York Inventory Change (NYSE) on March 20, 2020 in New York Metropolis. Buying and selling on the ground will briefly develop into absolutely digital beginning on Monday to guard workers from spreading the coronavirus. The Dow fell over 500 factors on Friday as traders proceed to point out issues over COVID-19.
Spencer Platt | Getty Pictures
The Securities and Change Fee printed rule modifications on Saturday that permit the New York Inventory Change to conduct all-electronic buying and selling.
On Monday, the primary day the buying and selling ground might be closed, the NYSE opening at 9:30 a.m. ET ought to occur instantly for nearly all shares, topic to sure buying and selling bands. Present circuit breakers that might halt buying and selling briefly ought to the S&P 500 decline by 7%, 13% and 20% will proceed to be in impact.
The SEC famous the rule filings had been momentary till Might 15 or sooner if the buying and selling ground reopens.
No calls to shut buying and selling or shorten hours
On Saturday...
Supply cnbc.com
