By Kristen Anderson
Trading on the NYSE came to a halt on Wednesday morning as technical malfunctions prevented connections to other markets. The temporary pause coincides with widespread market drops. The Dow and S&P struggled to maintain gains and several indexes declined with the slump.
“We will be providing further updates as soon as we can, and are doing our utmost to produce a swift resolution, communicate thoroughly and transparently, and ensure a timely and orderly market reopen,” says a spokeswoman for the exchange operator.
Mark Otto of J. Streicher & Co in New York said there is no reason for panic at all. Only time will tell.
Kristen Anderson writes for Activist Post
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