Belfast Telegraph

Home News World

Stocks close down after outage

US stocks are closing with sizeable losses after a technical outage forced the New York Stock Exchange to halt trading for half the day.

The NYSE's troubles didn't extend to the dozens of other exchanges that also trade US stocks, such as the Nasdaq, so investors were still able to buy and sell stocks easily today.

The Dow Jones industrial average lost 261 points, or 1.5%, to 17,515.

The Standard & Poor's 500 gave up 34 points, or 1.7%, at 2,046 and the Nasdaq was down 87 points, or 1.8%, at 4,909.

The NYSE didn't say what the problem was but described it as internal and not the result of a breach of its systems. Trading stopped at mid-morning and resumed at 3.10pm local time.

Your Comments

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting?


From Belfast Telegraph