Technical issue brings New York Stock Exchange to a halt, reopens after four hours
NEW YORK – Stock market trading came to a halt on Wednesday morning.
“NYSE/NYSE MKT has temporarily suspended trading in all symbols. Additional information will follow as soon as possible,” the stock exchange said in a status statement.
“It’s been a little bit of a bumpy day. We had some technical problems even before the opening,” said Art Cashin, director of floor operations a the stock exchange.
Officials say investors are unable to buy or sell securities at this time.
“We’re currently experiencing a technical issue that we’re working to resolve as quickly as possible,” a spokesperson told ABC News. “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.”
U.S. markets were already down Wednesday. The Dow was down 175 points (about 1%) around the time of the halt.
The uncertainty comes as investors were already concerned about a huge sell-off in Chinese stocks and the ongoing crisis in Greece.
The stock market was down for nearly four hours before being reopened.
The Department of Homeland Security told CNN that there was “no sign of malicious activity” at the stock exchange.