Trading for dozens of companies on the New York Stock Exchange was briefly halted after the market's open
Major names impacted included Verizon, McDonald’s, Morgan Stanley, AT&T and Nike, according to the NYSE. Many of those stocks made large moves just minutes into the morning trading session, sending companies like Wells Fargo and Morgan Stanley into a nosedive. Morgan Stanley briefly plunged to $84.93 after ending at $97.13 on Monday before recovering. McDonald’s and Walmart also fell more than 12% before trading was halted. Those drops may have triggered volatility halts on the exchange.
and most other major stock exchanges, issue automatic halts for stocks that move dramatically up and down. The affected companies have now resumed trading, according to a status report from the NYSE at 9:50 a.m. ET, which said “all systems are currently operational.” NYSE officials didn’t immediately respond to phone calls and emails from CNN Business. This is a developing story, please check back for updates.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NYSE says all systems operational after session kicks off with numerous trading haltsThe New York Stock Exchange, in a trading status update, said all systems were operational at 9:48 a.m. Eastern, after an unusually large number of trading halts made for a rocky start to the Tuesday trading session. Trading halts included shares of Wells Fargo, 3M and McDonald's. The NYSE didn't i
Read more »
Lunar New Year: Year of the Rabbit celebrated in New York CityHappy Year of the Rabbit! ABC 7 New York is joining the celebration of the Lunar New Year.
Read more »
New York Among Cities Ramping Up Security at Lunar New Year EventsMajor U.S. cities are increasing police presence at Lunar New Year events following a deadly mass shooting outside Los Angeles that claimed the lives of 10 people. New York City is among those cities. An NYPD spokesperson confirmed the shift in patrols, but said the city had not received any credible threats. “While there are no identified threats to New…
Read more »
Drake delivers nostalgia, teases new music at Apollo show - New York Amsterdam NewsIt’s easy to forget how many hit songs Drake created in his nearly 15-year musical career. But he presented an emphatic reminder with an intimate concert at Harlem’s Apollo Theater on Saturday, his first-ever show at the legendary venue.
Read more »
Drake fan falls from balcony and lands on New York Giants at Apollo concert | Page SixDrake had to pause his SiriusXM concert at the Apollo Theater on Sunday night after an “over-hyped” fan fell from the balcony.When Drake brought rapper 21 Sa...
Read more »