Wall Street trade halted as S&P hits down limit

FILE PHOTO – A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2020. REUTERS/Andrew Kelly

(Reuters) – Trading on U.S. stock exchanges was halted immediately after opening on Monday, as the S&P 500 fell 7%, triggering an automatic 15 minute cutout put in place after the 2008-9 financial crisis.

Reporting by Sanjana Shivdas in Bengaluru; editing by Patrick Graham