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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WE'LL BE BLUNT.

We have a considerable $390,000 gap in our online fundraising budget that we have to close by June 30. There is no wiggle room, we've already cut everything we can, and we urgently need more readers to pitch in—especially from this specific blurb you're reading right now.

We'll also be quite transparent and level-headed with you about this.

In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

You're here for reporting like that, not fundraising, but one cannot exist without the other, and it's vitally important that we hit our intimidating $390,000 number in online donations by June 30.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. It's going to be a nail-biter, and we really need to see donations from this specific ask coming in strong if we're going to get there.

payment methods

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