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The New York Stock Exchange has set its criteria for trading halts in the event of a steep
market drop, making only slight changes for the first quarter from the fourth, according to data on the NYSE Web site.
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For the first quarter, circuit breakers will kick in if there is a drop of 1,350 points, or 10 percent, in the Dow Jones industrial average.
There will be a one-hour halt in trading if the drop happens before 2 p.m., a 30-minute halt if the decline occurs between 2 p.m. and 2.30 p.m., and no halt after 2.30 p.m., according to the NYSE.
If the Dow drops 2,700 points or 20 percent, there will be a two-hour halt if it happens before 1 p.m., a one-hour halt if the slide occurs between 1 p.m. and 2 p.m. and the market will
halt for the rest of the day if the slide happens after 2 p.m.
A plunge of 4,000 points or 30 percent -- no matter what time it occurs -- would result in the market being closed for the day. The previous trigger was slightly higher at 4,050 points.
Normal trading hours on the NYSE are 9:30 a.m. to 4 p.m.
The Dow closed the year at 13,264.82, gaining 6.4 percent in 2007.
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Data is a real-time snapshot *Data is delayed at least 15 minutes