Trading resumes after first circuit breaker gets triggered with a 7% drop in S&P 500. Recovery in major indexes remain shallow on risk aversion. Wall Street’s main indexes plummetted after the opening bell and trading got halted for 15 minutes after the S&P 500 lost 7% in a quick fashion. With the trading activity restarting, indexes recovered modestly. As of writing, the Dow Jones Industrial Average was erasing 1,400 points, or 5.5%, the S&P 500 and the Nasdaq Composite were down 5.2% and 4.5%, respectively. Energy and financial shares plunge The S&P 500 Energy Index, which erased nearly 20% in the early trade amid oil crash, was last seen down 15.2% on the day. Meanwhile, although the 10-year US Treasury bond yield is off record lows set earlier, it’s still losing more than 30% to weigh on the rate-sensitive Financials Index, which is down 7%. Reflecting the intense flight-to-safety, the CBOE Volatility Index, Wall Street’s fear gauge is at its highest level since January 2009 at 60.17, up 44% on a daily basis. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Precious metals: Silver to underperform gold – TDS FX Street 3 years Trading resumes after first circuit breaker gets triggered with a 7% drop in S&P 500. Recovery in major indexes remain shallow on risk aversion. Wall Street's main indexes plummetted after the opening bell and trading got halted for 15 minutes after the S&P 500 lost 7% in a quick fashion. With the trading activity restarting, indexes recovered modestly. As of writing, the Dow Jones Industrial Average was erasing 1,400 points, or 5.5%, the S&P 500 and the Nasdaq Composite were down 5.2% and 4.5%, respectively. Energy and financial shares plunge The S&P 500 Energy Index, which erased nearly 20% in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.