New York Stock Exchange brought to a halt by computer problems


(MENAFN- ProactiveInvestors)Trading was dramatically suspending for thousands of Wall Street stocks on Wednesday with technical reasons being cited as the cause.   The NYSE the largest exchange in the world said it would provide more details as soon as possible while one trader was quoted saying there was "no sign of panic".   Stocks listed on the Nasdaq were still able to trade and many stocks could also be traded via secondary listings and 'over-the-counter' transactions. It happened at 11.30am US time. And traders are awaiting the signal for a resumption to trading. "NYSE/NYSE MKT has temporarily suspended trading in all symbols. Additional information will follow as soon as possible" the NYSE said in a statement. It comes as other significant American computer systems failed. The Daily Mail questioned whether the US share exchange United Airlines and the Wall Street Journal had fallen victim to a huge cyber attack. It said thousands of United Airlines passengers were stranded at US airports after all of the carrier's flights were grounded nationwide due to a computer system glitch The NYSE has however communicated via Twitter that the problem was an internal technical problem. The White House said that President Barack Obama had been briefed.  


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