New York Stock Exchange Suspends Trading

[$tevie]

Nearly 45 minutes after the outage, there was still little clarity on what was causing the problem. Stocks listed on the New York Stock Exchange continued trading on other exchanges, such as Nasdaq.

In a statement, a Nasdaq spokesman said: “Nasdaq systems are operating normally and are trading all symbols including Tape A (NYSE) securities.”

Other exchanges operated by the New York Stock Exchange, such as its options exchange, continued operating normally on Wednesday.

Law enforcement agencies with federal government are monitoring the situation but as of midday Wednesday there was no indication of anything malicious with the troubles at the N.Y.S.E., said several people briefed on the situation.

http://www.nytimes.com/2015/07/09/busine...ading.html

https://www.nyse.com/market-status/history

[SteveG]

Athens extends its sympathy.

[3d]

“Be fearful when others are greedy and greedy when others are fearful”. - Warren Buffett

The big question is, should I go big with: Baidu or Alibaba?

[$tevie]

China's tumbling stock market showed signs of seizing up on Wednesday, as companies scrambled to escape the rout by having their shares suspended and indexes plunged after the securities regulator warned of "panic sentiment" gripping investors.

Beijing, which has struggled for more than a week to bend the market to its will, unveiled yet another battery of measures to arrest the sell-off, and the People's Bank of China said it would step up support to brokerages enlisted to prop up shares.

The CSI300 index .CSI300 of the largest listed companies in Shanghai and Shenzhen closed down 6.8 percent, while the Shanghai Composite Index .SSEC dropped 5.9 percent.

With nearly half the market on a trading halt and another round of margin calls forcing leveraged investors to dump whatever shares could find a buyer, blue chips that had been supported by stabilization funds earlier in the week bore the brunt.
http://www.reuters.com/article/2015/07/0...4Q20150708

[freeradical]

Daddy Xi and his cronies are not invincible.

[NewtonMP2100]

what about disbelief......does it suspend that.....????

[cbelt3]

[SteveG]

freeradical wrote:
Daddy Xi and his cronies are not invincible.

Sez you...

[ztirffritz]

[hal]

I worry that the market will REALLY tank in the last hour