In an immediate and brief statement, NYSE confirmed, “NYSE/NYSE MKT has temporarily suspended trading in all symbols. Additional information will follow as soon as possible.”
Early indications are that a computer problem or glitch is the cause. Coincidentally, United Airlines had to ground all flights for an hour this morning due to computer issues as well.
This is a developing story. Please check back for further updates.
Market Woes: Remembering the ‘Flash Crash’ of 1962
Caption from June 8, 1962, issue of LIFE. "What went wrong in the wild stock market and what it means for the U.S."
John Dominis—Time & Life Pictures/Getty ImagesNot originally published in LIFE. The NYSE during the 1962 "flash crash."Yale Joel—Time & Life Pictures/Getty ImagesNot originally published in LIFE. Tense scene at a brokerage office during the 1962 stock market "flash crash."
John Dominis—Time & Life Pictures/Getty ImagesCaption to very similar picture in June 8, 1962, issue of LIFE. "Floor of New York Stock Exchange boils with frenzy of an overheated pot at closing time Tuesday, trying to catch up with transactions which hit nearly 15 million shares for day, highest total since 1929."Yale Joel—Time & Life Pictures/Getty ImagesNot originally published in LIFE. Tense scene at a brokerage office during the 1962 stock market "flash crash."John Dominis—Time & Life Pictures/Getty ImagesNot originally published in LIFE. The NYSE during the 1962 "flash crash."Yale Joel—Time & Life Pictures/Getty ImagesNot originally published in LIFE. The NYSE during the 1962 "flash crash."Yale Joel—Time & Life Pictures/Getty ImagesNot originally published in LIFE. The NYSE during the 1962 "flash crash."John Dominis—Time & Life Pictures/Getty ImagesNot originally published in LIFE. The NYSE during the 1962 "flash crash."Yale Joel—Time & Life Pictures/Getty ImagesNot originally published in LIFE. The NYSE during the 1962 "flash crash."Yale Joel—Time & Life Pictures/Getty ImagesNot originally published in LIFE. The NYSE during the 1962 "flash crash."John Dominis—Time & Life Pictures/Getty ImagesNot originally published in LIFE. The NYSE during the 1962 "flash crash."Yale Joel—Time & Life Pictures/Getty ImagesPage spreads from June 8, 1962, issue of LIFE. Life MagazinePage spreads from June 8, 1962, issue of LIFE. Life MagazinePage spreads from June 8, 1962, issue of LIFE. Life MagazinePage spreads from June 8, 1962, issue of LIFE. Life Magazine
Page spreads from June 8, 1962, issue of LIFE. Life MagazinePage spreads from June 8, 1962, issue of LIFE. Life Magazine