July 8, 2015

The New York Stock Exchange Just Halted Trading and No One Is Sure Why

Screenshot of the New York Stock Exchange status webpage

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This is crazy:

Trading in all symbols was temporarily halted on the New York Stock Exchange floor Wednesday due to an apparent technical issue.

“NYSE/NYSE MKT has temporarily suspended trading in all symbols. Additional information will follow as soon as possible,” the NYSE said in a statement on its status page.

The exchange was investigating the issue that caused the halt, Reuters reported, citing a source. Trading stopped around 11:30 a.m. ET.

The NYSE said all open orders would be cancelled, according to Reuters. The NYSE is having some sort of technical problem and all trading has been halted.

The Nasdaq appears to be fine.

UPDATE, 12:18pm ET: Law enforcement officials tell CBS “no indication of any threats”:

UPDATE 2, 12:34pm ET: NYSE says it’s not “a cyber breach.”

UPDATE 3, 1:13pm ET: And answers begin to trickle in…

UPDATE 4, 2:10pm ET: The stoppage is almost over.

UPDATE 5, 2:57pm ET: Our national nightmare is almost over…

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DECEMBER IS MAKE OR BREAK

A full one-third of our annual fundraising comes in this month alone. That’s risky, because a strong December means our newsroom is on the beat and reporting at full strength—but a weak one means budget cuts and hard choices ahead.

The December 31 deadline is closing in fast. To reach our $400,000 goal, we need readers who’ve never given before to join the ranks of MoJo donors. And we need our steadfast supporters to give again—any amount today.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

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