The recent collapse in Wall Street brought in mind the unpleasant memories of trade in all markets, which was repeatedly repeated during the major collapse in March 2020 during the corona pandemic. The S&P 500 index fell by up to 5.97% on Friday and the 7% approached, leading to the activation of the SO calls “Circuit Breakers” on the New York Stock Exchange, which stops trading for 15 minutes. These cutters are designed to reduce fluctuations in the market, and also help deal with the dangers of wrong transactions in the era of high frequency trading. These cutters have also been activated over the past few days from mid -March 2020, when economies around the world began to close and unemployment figures increased dramatically. “This level of sale and emotion reminds the period of pandemic,” says Mark Hackket, the main market strategy of the company “nationwide”. Although the level of uncertainty is now much lower than it was during Kofid, Hackett pointed out that “only a few see that they now have to buy to buy, and there are some algorithms that are forced to sell at certain levels.” Fear of the economic recession, the decline in decrease in which ‘circuit breakers’ are activated after 15:25 hours from 7% to 20%, and remains valid to the actual closure of the market at 4pm. US stocks dropped by 10% during the two days, which followed President Donald Trump’s announcement of the strictest customs duties for a century, causing the fear of the global economy to slide to stagnation. The frequency of sale accelerated on Friday morning after China announced that it would impose similar trade barriers to US products, which increased the trade war. In recent weeks, a state of extreme volatility has prevailed. The ‘fear’ index known as ‘vix’ jumped to the level of 45.56 on Friday, while the price fluctuation index in the ‘Nasdaq 100’ index rose to 37.79 points. Random sale, Eric Diton, chief and manager of the company “Wellth Anens”, said: “There is a random sale in all sectors, even gold sees the sale of today. Nothing that only ties stands. The keyword today is uncertainty. The markets hate uncertainty, and the current situation is saturated, because even Donald Trump himself still knows. The first stops in the S&P 500 index lead to a comprehensive suspension of trading in the market for 15 minutes. If the decline continues to 13%, another stop for 15 minutes will be activated. If the decline reaches 20%, the trade will end for the rest of the day. The sale was so wide on Friday that it was difficult to find any safe haven. All the eleven sectors were closed at the S&P 500 index, and it was the energy and financial sector at the forefront of the losers. As for the biggest contributors to the decline in the index, it was technological giants such as ‘invitations’ companies, ‘Apple’, ‘Tesla’ and ‘Berkshire Hathaway’. There were fewer than 20 shares in Green, including ‘Home Depot’ and ‘Nike’.
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