Circuit breakers implemented by the New York Stock Exchange in 1989,stopped trading in the market for 30 minutes when the DJIA went down by 250 points or more during the day and by 60 minutes if the DJIA went down by 400 points.

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This statement is true. Circuit breakers were implemented by the New York Stock Exchange in 1989, and they would stop trading in the market for 30 minutes if the DJIA went down by 250 points or more during the day and for 60 minutes if it went down by 400 points.

Circuit Breakers Implemented by the New York Stock Exchange in 1989,stopped