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New York Stock Exchange suspends trade after glitch | |
(35 minutes later) | |
The New York Stock Exchange (NYSE) has suspended trading on all shares for technical reasons, but says there is no cyber attack. | |
The NYSE said it would provide more details as soon as possible. All open orders would be cancelled, according to Reuters. | |
The Nasdaq index reported no technical issues and said it continues to trade NYSE-listed stocks. | The Nasdaq index reported no technical issues and said it continues to trade NYSE-listed stocks. |
The Wall Street Journal website is also experiencing technical problems. | The Wall Street Journal website is also experiencing technical problems. |
"We're currently experiencing a technical issue that we're working to resolve as quickly as possible," a NYSE spokeswoman said in a statement. | "We're currently experiencing a technical issue that we're working to resolve as quickly as possible," a NYSE spokeswoman said in a statement. |
"We will be providing further updates as soon as we can, and are doing our utmost to produce a swift resolution, communicate thoroughly and transparently, and ensure a timely and orderly market re-open." | "We will be providing further updates as soon as we can, and are doing our utmost to produce a swift resolution, communicate thoroughly and transparently, and ensure a timely and orderly market re-open." |
However, in a tweet later the NYSE said the problem was an internal technical issue, not a cyber attack. The White House said that President Barack Obama had been briefed. | |
US markets were down before the halt in trading, which started just after 11:30am ET, as a fall in Chinese markets added to concerns about its impact on global economic growth. | US markets were down before the halt in trading, which started just after 11:30am ET, as a fall in Chinese markets added to concerns about its impact on global economic growth. |
One trader on the NYSE floor, Mark Otto, of J Streicher & Co, told Reuters: "It's under control. We're just waiting for word. There's no sign of panic at all. | One trader on the NYSE floor, Mark Otto, of J Streicher & Co, told Reuters: "It's under control. We're just waiting for word. There's no sign of panic at all. |
"We're waiting to hear word on if there's going to be a reopening, and when it is or any more details." | "We're waiting to hear word on if there's going to be a reopening, and when it is or any more details." |
Meanwhile, the WSJ.com site and United Airlines reported technical difficulties on Wednesday. | |
WSJ.com went down completely earlier in the day, but there was a partial recovery at about midday. A message on the website's homepage read: "WSJ.com is having technical difficulties. The full site will return shortly." | |
United Airlines has also reported that a computer error has forced it to ground its flights in the US for the second time in recent weeks. The carrier blamed a "network connectivity issue" for the latest fault. |