The New York Stock Exchange Just Halted Trading and No One Is Sure Why

Screenshot of the New York Stock Exchange status webpage

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This is crazy:

Trading in all symbols was temporarily halted on the New York Stock Exchange floor Wednesday due to an apparent technical issue.

“NYSE/NYSE MKT has temporarily suspended trading in all symbols. Additional information will follow as soon as possible,” the NYSE said in a statement on its status page.

The exchange was investigating the issue that caused the halt, Reuters reported, citing a source. Trading stopped around 11:30 a.m. ET.

The NYSE said all open orders would be cancelled, according to Reuters. The NYSE is having some sort of technical problem and all trading has been halted.

The Nasdaq appears to be fine.

UPDATE, 12:18pm ET: Law enforcement officials tell CBS “no indication of any threats”:

UPDATE 2, 12:34pm ET: NYSE says it’s not “a cyber breach.”

UPDATE 3, 1:13pm ET: And answers begin to trickle in…

UPDATE 4, 2:10pm ET: The stoppage is almost over.

UPDATE 5, 2:57pm ET: Our national nightmare is almost over…

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

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