NYSE resumes trading after nearly four-hour halt

New York, July 9 (IANS) The New York Stock Exchange (NYSE) resumed floor trading after more than a three-hour halt on Wednesday due to an undisclosed technical problem, officials said.

NYSE halted trading in all securities starting from 11.32 a.m. on Wednesday.

NYSE and US officials reported it as a technical issue and not the result of a cyber-attack, Xinhua reported.

The Federal Bureau of Investigation said no law enforcement action is needed at NYSE.

The White House confirmed that there was no indication of cyber-attacks in the trade suspension of the NYSE.

“At this point, there is no indication that malicious actors were involved in these technology issues,” said Josh Earnest, the White House spokesman.

The trading halt came in the middle of a selloff in US stocks that was fuelled by concerns over Greece’s uncertainty.

However, trading of NYSE securities on other platforms, including NASDAQ, was unaffected. Investors could still buy and sell NYSE-listed stocks at other venues.

The NYSE problem came soon after the United Airlines grounded planes at US airports for two hours due to a computer glitch.

The website of Wall Street Journal was also temporarily out of use for a while around mid-day for technical difficulties, and was resumed shortly.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here