Chaos On The NYSE After “Technical Glitch” Forces A Halt In Trading For Dozens Of Stocks


 

CNBC: NYSE says trading issue that led to dozens of stocks being halted has been resolved 

* The major stocks impacted included Morgan Stanley, Verizon, AT&T, Nike and McDonald’s, according to the NYSE’s website. 

* Many stocks were shown to have abnormally large moves when the market opened, which may have triggered volatility halts. 

* The NYSE said at roughly 9:50 a.m. that all of its systems were operational. 

Trading in dozens of stocks on the New York Stock Exchange was briefly halted shortly after the market opened Tuesday due to an apparent technical issue. 

The major stocks impacted included Morgan Stanley, Verizon, AT&T, Nike and McDonald’s, according to the NYSE’s website. Many stocks were shown to have abnormally large moves when the market opened, which may have triggered volatility halts. 

CNBC’s Bob Pisani said on “Squawk on the Street” that the issue appears to be a technical one and not something that happened on the trading floor.

Many of the companies impacted resumed trading before 9:45 a.m. ET. 

The NYSE said at roughly 9:50 a.m. that all of its systems were operational. CNBC has reached out to the NYSE for more details about the issue.

Read more ….

 

Update #1: NYSE says all systems operational after several stocks saw trading halts (Market Watch)
 

Update #2: Market Goes Haywire With Dozens Of NYSE Trading Halts At The Open After “Technical Glitch” (Zero Hedge)

 

WNU Editor: A technical glitch? What does that mean? The first thing that crossed my mind was …. is this a cyber attack?


Source : http://warnewsupdates.blogspot.com/2023/01/chaos-on-nyse-after-technical-glitch.html

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