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Shutdown is the state of a nuclear reactor when the fission reaction is slowed significantly or halted completely. Different nuclear reactor designs have different definitions for what "shutdown" means, but it typically means that the reactor is not producing a measurable amount of electricity or heat and is in a stable condition with very low reactivity.
On March 9, 2020, the Dow Jones fell by 7.79% (2,013 points) on fears of the COVID-19 coronavirus and falling oil prices, and the S&P 500 triggered a market shutdown for 15 minutes just moments after opening. On March 12, and again on March 16, early trading again tripped the level-1 circuit breaker when the markets dropped over 7%. [11]
Investor and finance expert Eric Schiffer, chairman of The Patriarch Organization, says, "A government shutdown won't lead to nuclear meltdown in markets, but it will create short-term volatility ...
Investors are focused on the potential extension of the stock market's bull rally heading into 2025. Wall Street experts highlighted the most important stock market charts to watch into next year.
U.S. stocks jumped in early trading, then zigzagged throughout the day. The broad S&P 500 closed down 13 points, or 0.2%, after trading as low as 0.9% lower midday.
Since it costs around $500 million or more to shut down and decommission a plant, the NRC requires plant owners to set aside money when the plant is still operating to pay for the future shutdown costs. [63] Decommissioning a reactor that has undergone a meltdown is inevitably more difficult and expensive.
The power station at Dodewaard was shut down in 1997. In 1997 the government decided to end Borssele's operating licence, at the end of 2003. In 2003 the shut-down was postponed by the government to 2013. [98] [99] In 2005 the decision was reversed and research in expanding nuclear power has been initiated.
The messy process of trying to avert a U.S. government shutdown offers investors a glimpse into challenges the incoming Trump administration will face in implementing its agenda, adding a market ...