Stock market live updates: Stocks re-open after halt, Dow drops 2,700, S&P tanks 11%

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Stock market live updates: Stocks re-open after halt, Dow drops 2,700, S&P tanks 11%
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Watch the moment stocks resume trading, after the level-one circuit breaker was triggered earlier this morning.

This is a live blog. Here's the latest.The major averages are open for trading once again after a 15 minute halt almost immediately after the open. The Dow Jones Industrial Average is down 11.8%, or 2,733 points. The S&P 500 is down 10%, and the Nasdaq Composite is down 11.7%.

on the S&P 500 due to large declines and volatility. The exchange classifies this at three levels based on the preceding session's close in the S&P 500. abusing the economic dependence of its outside resellers. Two of Apple's wholesalers were also fined for agreeing on prices: Tech Data and Ingram Micro received fines of 76.1 million euros and 62.9 million euros respectively. The French authority said this penalty — totaling 1.24 billion euros — was the largest ever handed down in one case.

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