NYSE says trading issue that led to dozens of stocks being halted has been resolved
Source: CNBC
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 McDonalds, according to the NYSEs website. Many stocks were shown to have abnormally large moves when the market opened, which may have triggered volatility halts.
CNBCs 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: https://www.cnbc.com/2023/01/24/many-new-york-stock-exchange-listed-stocks-halted-for-a-technical-issue.html
Wonder if someone did an update that went awry.
Article updated.
Previous updates and headline-
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.
This is breaking news. Please check back for updates..
Trading in dozens of stocks on the New York Stock Exchange was halted shortly after the market opened on Monday after 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.
This is breaking news. Please check back for updates.
Original article -
Scrivener7
(51,072 posts)BumRushDaShow
(129,789 posts)Scrivener7
(51,072 posts)AllaN01Bear
(18,615 posts)bucolic_frolic
(43,417 posts)McDonald's was down $10, Uber $3.50, Walmart up $10+
Those spikes still showing on charts so they may have led to real world consequences.
Artificial Intelligence. Markets, auto-pilot vehicles, therapy are all great - until they crash. Then there's no telling what will happen.
FredGarvin
(488 posts)FredGarvin
(488 posts)I wonder if the machines shorted the heck out of it, then leveraged long for a few quick billions?
Of course it was a guy with a "fat finger" like all the other times the machines go wild.
FredGarvin
(488 posts)"Investment banks" and hedge funds must have recognized an opportunity to stick it to other "traders".
Massive moves.
Capitalism 2020's style
James48
(4,444 posts)My Exxon-Mobil was down -7.6% at the same time my AT&T was up +13.61%.
A few minutes later, back to almost normal.
Response to BumRushDaShow (Original post)
James48 This message was self-deleted by its author.