NYSE Glitch Causes Erroneous Prices in Hundreds of Stocks

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

A technical glitch at the New York Stock Exchange on Tuesday briefly caused wild price swings and a temporary trading freeze in stocks of major companies such as Exxon, McDonalds and Walmart

A technical glitch at the New York Stock Exchange on Tuesday briefly caused wild price swings andin stocks of major companies such as Exxon Mobil Corp. , McDonalds Corp. and Walmart Inc.

Hundreds of stocks experienced erroneous prices as a result of the incident, the biggest snafu to hit a U.S. stock exchange in several years, according to a spreadsheet of affected securities released by the NYSE.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bummer.

Did the Composite Man need to reset or tweak the algos?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NYSE investigates cause of brief trading halts in dozens of stocksThe New York Stock Exchange on Tuesday said it was still looking into the technical issue that apparently led to a large number of trading halts. Def not manipulating, 100% a “glitch”.
Source: MarketWatch - 🏆 3. / 97 Read more »

Technical glitch briefly halts trading in some NYSE-listed stocks at openA slew of stocks were briefly halted for trading on the New York Stock Exchange, shortly after the market opened on Tuesday, due to a technical outage. Sauls good It was a Hack. “Glitch”
Source: Reuters - 🏆 2. / 97 Read more »

NYSE trading glitch, tons of earnings, a Dow comeback — listen to 'The Homestretch'Jim Cramer also looks at the DOJ's new antitrust lawsuit against Alphabet (GOOGL) — it concerns online ads. Don't sell the news, he advises. Jim gets pumped about Caterpillar (CAT). Ironic or not, I think I'll just stick to trading with Monopoly money. Remember when everyone said earnings were going to be terrible.
Source: CNBC - 🏆 12. / 72 Read more »