Black Swans Flying Over New York (NYSE), Shanghai And Athens
$ICE, $UAL
The NYSE Group, New York Stock Exchange (NYSE), has suspended trading in all securities on technical computer problems.
The US Department of Homeland Security said there were no signs” that the problems at NYSE and United Airlines (NYSE:UAL) stemmed from “malicious activity.”
“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,” a spokeswoman for the exchange operator said in a statement.
The stocks continue to trade on the Nasdaq OMX Group and BATS Global Markets.
The issues at NYSE, a unit of Intercontinental Exchange Inc (NYSE:ICE) came on the same day that computer problems led United Airlines to ground all its flights for about 2 hours.
The US stock major market indexes hanging near their lows as the trading halt at the NYSE floor remains in effect.
Continued tailspin in Chinese stocks has more than 50% of A-share listings halted for volatility, according to reports Wednesday, the Bear market is in, investors in panic mode.
The WS-J reports Greece has submitted a 3-year bailout request that includes tax reforms, we have heard this stuff for the past 5 + months. Grexit looms, majority of Greek people suffering.
Stay tuned…
HeffX-LTN
Paul Ebeling
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