New York Stock Exchange reopens after hourslong shutdown
Jul 8, 2015, 9:03 AM | Updated: 12:20 pm
NEW YORK — Trading resumed on the New York Stock exchange Wednesday after a shutdown caused by a technical issue.
The halt occurred at about 11:30 a.m. Eastern time; trading resumed shortly after 3 p.m.
Thomas Farley, president of the NSYE Group, which includes the New York Stock
Exchange, told CNBC in an interview that the exchange was aiming to reopen
before the usual market closing, which happens at 4 p.m. Eastern time.
Trading went on at other exchanges.
Officials and the NY exchange said that there is no indication that the
problem is the result of a cyber-attack.
Officials have also said there is no
sign that it is related to a computer outage that grounded United Airlines
flights Wednesday morning.
Before trading was halted, U.S. indexes were lower as investors worried about
China’s ability to stem a stock market slide.
The Dow Jones industrial average was down 215 points, or 1.2 percent, to
17,561.
The Standard & Poor’s 500 gave up 24 points, or 1.2 percent, to 2,057. The
Nasdaq was down 73 points, or 1.5 percent, to 4,924.
European markets were broadly higher as talks continue on Greece’s debt woes.