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The New York Stock Exchange is down due to a 'technical glitch' The New York Stock Exchange is down due to a 'technical glitch'
(about 2 hours later)
The New York Stock Exchange suspended all trading due to what has been described as a technical error on Wednesday morning.The New York Stock Exchange suspended all trading due to what has been described as a technical error on Wednesday morning.
The NYSE released a statement saying: "We’re experiencing a technical issue that we’re working to resolve as quickly as possible. We're doing our utmost to produce a swift resolution & will be providing further updates as soon as we can."The NYSE released a statement saying: "We’re experiencing a technical issue that we’re working to resolve as quickly as possible. We're doing our utmost to produce a swift resolution & will be providing further updates as soon as we can."
This is on all screens @NYSE @CNBC pic.twitter.com/oKHq7hccGyThis is on all screens @NYSE @CNBC pic.twitter.com/oKHq7hccGy
The reported glitch stopped trading at 11.30am. European markets were higher as Greece’s debt crisis continues.The reported glitch stopped trading at 11.30am. European markets were higher as Greece’s debt crisis continues.
The NYSE told Reuters all open orders were to be cancelled after trading was temporarily suspended. The stock exchange company maintained that the technical issues were not the result of a cyberattack.
The Department of Homeland Security told CNN that there were “no signs of malicious activity at this time” and that the interruption was due to a technical outage. "The issues we are experiencing is an internal technical issue and is not the result of a cyberbreach. We chose to suspend trading on NYSE to avoid problems arising from our technical issue. NYSE-listed securities continue to trade unaffected on other market centers."
The Wall Street Journal's website also went down at the same time the NYSE was suspended. NYSE President Thomas Farley told CNBC that the exchange will reopen the market by 2.45 or 3pm.
The outage comes after United Airlines suspended all flights due to a "router glitch." The Department of Homeland Security told CNN that there were “no signs of malicious activity at this time."
The Wall Street Journal's website also went down at the same time the NYSE was suspended. The outages come after United Airlines suspended all flights due to a "router glitch."