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To: jhild who wrote (19207)10/27/1997 2:45:00 PM
From: Narotham Reddy  Respond to of 61433
 
Trading will be halted [News]

New York: (DOW News) -- Trading will be halted for the day if the Dow Average drops another 200 points, or a total of 550 points. Trading resumes at 3:05 PM.

A loss of 550 points would result in a one hour trading halt since
trading will resume with less than an hour to go. A 550 point will shut the stock exchanges down for the day. Trading would then resume Tuesday at 09:30 AM EST.

All exchanges, as well as the NASDAQ market, recognize the halt.

DOW News



To: jhild who wrote (19207)10/27/1997 3:00:00 PM
From: Narotham Reddy  Read Replies (1) | Respond to of 61433
 
Mexico stock market suspends trading after NYSE halt

DOW News



To: jhild who wrote (19207)10/27/1997 3:04:00 PM
From: Narotham Reddy  Respond to of 61433
 
NY stocks seen falling further after halt

New YorK: Stocks are expected to fall sharply soon after trading resumes at 3:05 PM EST, traders said.

Traders interviewed said that sell orders were mounting during the
which went into effect at 2:35 P. M EST.

The fear on the part of the sellers is that, once trading resumes market averages will fall sharply, tripping the next trading halt.

DOW News


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