The New York Stock Exchange said that a technical issue that halted trading for some major stocks and caused Berkshire Hathaway to be down 99.97 per cent has been resolved.
Intercontinental Exchange , the parent company of NYSE, has found no indication the glitch was caused by a cyberattack, a senior executive at a major bank in touch with ICE told CNN.Instead, an NYSE spokesperson said there was a "technical issue" with industry-wide price bands that "triggered" trading halts on up to 40 symbols listed on NYSE Group exchanges.
That list includes Chipotle and Berkshire Hathaway, the holding company run by legendary investor Warren Buffett, one of the wealthiest people in the world. "We are monitoring the issue and engaging with market participants," a spokesperson for the Securities and Exchange Commission told CNN.