Last Updated on January 25, 2023 by Bitfinsider
Due to an apparent technical difficulty, trading in hundreds of companies on the New York Stock Exchange was momentarily paused shortly after the market started Tuesday.
According to the NYSE’s website, the main equities impacted were Morgan Stanley, Verizon, AT&T, Nike, and McDonald’s. Many equities saw unusually significant swings when the market began, which might have caused volatility halts.
Many of the affected firms reopened for business before 9:45 a.m. ET. The NYSE said that all of its systems were operating about 9:50 a.m. CNBC has reached out to the NYSE for further information on the incident.
The exchange announced in a statement at 10:21 a.m. ET that it is currently looking into the opening auction issue.
The NYSE, like other exchanges, has automatic halts in place for equities that move drastically in either direction. On a typical trading day, few, if any, equities are suspended on the NYSE due to volatility.
The Nasdaq, the second main US stock market, did not appear to be affected by the technical glitch.
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