Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: New York Stock Exchange, NYSE, Stock market close, stock market crash

Update: New York Stock Exchange Reopens

By Money Morning Reports, Money Morning • July 9, 2015

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

Before the halt, the Dow Jones Industrial Average and the broader S&P 500 were down. Volumes were extremely low after trading restarted.

The Chicago Board Options Exchange Volatility Index (VIX), a "fear gauge" that measures market volatility, jumped after trading was suspended. The index rose from around 18.11 immediately after the halt to trade as high as 19.10. By market close, it finished at 19.66, for a daily rise of 22%.NYSE Closed Yesterday

The DJIA finished down 261 points (1.47%). The S&P and Nasdaq both fell 1.67% and 1.75% respectively.

Besides being rattled by the NYSE shutdown, domestic investors – many who sat out the final hour of buying and selling – were already on edge over concerns regarding Greek and Puerto Rican debt and the ongoing freefall in the Chinese stock markets.

There was no interruption at the dozens of other U.S. stock exchanges Wednesday, including the Nasdaq, so investors were still able to buy and sell stocks easily.

Sign up for SMS so you never miss special events, exclusive offers, and weekly bonus trades.
Coincidentally, the New York Stock Exchange wasn't the only institution to experience a technical glitch on Wednesday. Break out the tin foil hat…

United Airlines temporarily grounded all flights for several hours the same morning. It blamed "connectivity issues." Additionally, The Wall Street Journal's site unexpectedly shut down for a time.

Why Did the NYSE Shut Down Yesterday?

It's not unprecedented for the New York Stock Exchange to shut down. In its 223-year history, the index has had more than 400 "special closings."

But Wednesday's unexpected three-hour closing came without warning. It left investors confused — even panicked — and asking the question, "Why did the NYSE shut down?"

You see, the NYSE "temporarily halted" trading at 11:32 a.m. ET. The New York Stock Exchange Reopens at roughly 3:10 p.m. ET.

About an hour before trading was halted, the NYSE reported it had a technical issue that had been resolved.

NYSE Shut Down

But then the market began to shut down. The NYSE's share of all trading volume on U.S. markets dropped to 7.4% a little before 11 a.m. ET (compared to a typical roughly 10%). The drop was pretty quick from there. By 11 a.m., it fell to 4.8%, and by 11:20 a.m., to 2.6%. Trading halted at 11:32 and 57 seconds.

Here's what happened…

Join the conversation. Click here to jump to comments…

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments


Latest News

June 7, 2023 • By Garrett Baldwin

(no title)

June 7, 2023 • By Garrett Baldwin

(no title)

June 7, 2023 • By Garrett Baldwin

A picture containing text, screenshot, font, line Description automatically generated
Postcards: This Value Strategy is Great for Finding Breakouts
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts Resource Traders Alliance

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz