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Glitch halts trading on New York Stock Exchange

2 years 2 months 2 weeks ago Wednesday, July 08 2015 Jul 8, 2015 July 08, 2015 11:02 AM July 08, 2015 in News
Source: Associated Press

NEW YORK - Trading was halted on the New York Stock Exchange in the late morning because of a technical issue.

The halt occurred at about 11:30 a.m. Eastern time Wednesday.

The exchange said in a statement that it was experiencing a "technical issue" that it was working to resolve as quickly as possible. They said the problem was an internal technical issue, not the result of a security breach.

Before trading was halted, U.S. indexes were lower as investors worried about China's ability to stem a stock market slide.

The Dow Jones industrial average was down 215 points, or 1.2 percent, to 17,561. The Standard & Poor's 500 gave up 24 points, or 1.2 percent, to 2,057. The Nasdaq was down 73 points, or 1.5 percent, to 4,924.

European markets were broadly higher as talks continue on Greece's debt woes.

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