CLOSE
0 reads
Leave a comment

The New York Stock Exchange on Wednesday suspended trading at around 11:30 a.m. ET due to an “internal technical issue,” CNN reports.

President of the NYSE, Thomas Farley, told CNBC that they hoped to resume trading at 2:45 p.m. ET. Trading resumed nearly an hour later.

“It is the most significant outage since Nasdaq’s blackout [in 2013],” says Eric Scott Hunsader, a market structure expert and CEO of Nanex, a data feed company. The 2013 “Flash Freeze” caused all Nasdaq-listed shares to stop trading for more than three hours.

While the Department of Homeland Security said the temporary suspension was not a cyber attack of sorts, odd activity around the nation has social media in a frenzy. Early Wednesday, United Airlines’ computer system malfunctioned, grounding all flights. And before noon, the Wall Street Journal’s homepage stopped working, though the mysterious outage was rectified a short time later.

Nasdaq, however, was still operating during the outage, which meant “investors [could] still trade, just not on NYSE,” CNN writes.

SOURCE: CNN Money | PHOTO CREDIT: Getty

SEE ALSO:

“People Should & Do Trust Me:” Hillary Clinton Hits Back At Polls, GOP

Social Media Foul: Twitter Employs Only 49 African-Americans, Even Though Black People Use Site The Most

Major Malfunction: Trading On The New York Stock Exchange Was Halted For Hours On Wednesday was originally published on newsone.com

Also On The Light 103.9 FM:
Lamplighter Awards 2017! [PHOTOS]
Lamplighter Awards 2017
100 photos
comments – add yours
×