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 today?”
You see, the NYSE “temporarily halted” trading at 11:32 a.m. ET. It resumed at roughly 3:10 p.m. ET.