More Charts
The boom and crash of the Chinese stock market has been one of the biggest stories in finance this year.The Shanghai Composite exploded 155% from its 52-week low to its 52-week high 5,178 in June. From there it crashed 32% to 3,507 on Wednesday.It’s trajectory, is peppered with manic milestones and unprecedented government intervention. The latter helped the market […]
WikimediaA software release caused the glitch.A software release caused the blackout at the New York Stock Exchange on Wednesday.According to an update on the NYSE’s website on Thursday, the exchange started rolling out a software release ahead of a scheduled industry test on Saturday.It noted that gateways for customers were updated with the right software at the market open on […]
Thomson ReutersInvestors looking at computer screens showing stock information at a brokerage house in Shanghai.See AlsoFBI chief wants ‘backdoor access’ to encrypted communications to fight ISISRussia woos China before BRICS summitChina’s market crash is reversing the most important thing the government has been trying to do in decadesChina has announced a blanket ban on major shareholder selling for the next […]
Wednesday was a rough day for tech: One of the nation’s biggest airlines, its oldest stock exchange and its most prominent business newspaper all suffered technology problems that upended service.After the New York Stock Exchange halted trading, the seriousness of the disruptions led President Barack Obama into a briefing session with his homeland security adviser, Lisa Monaco, and Chief of […]
Stock information listed on a mobile phone in Shenyang, north-east China. Photograph: Yang Qing/Xinhua Press/Corbis
What is happening in China?Stock markets in China are tumbling. A three-week plunge has knocked about 30% off Chinese shares since mid-June. China’s securities regulator has warned of “panic sentiment” gripping investors, many of whom are individuals that have borrowed heavily to play the stock market.Hundreds […]
Screenshot of the New York Stock Exchange status webpageThis is crazy:
Trading in all symbols was temporarily halted on the New York Stock Exchange floor Wednesday due to an apparent technical issue.
“NYSE/NYSE MKT has temporarily suspended trading in all symbols. Additional information will follow as soon as possible,” the NYSE said in a statement on its status page.
The exchange was investigating […]
Traders work on the floor of the New York stock exchange at the start of the trading day on Wednesday. Photograph: Justin Lane/EPA
The New York stock exchange halted trading in all securities on Wednesday morning after a “major technical issue”.Related: New York Stock Exchange shut down over ‘technical issue’ – live updates
The exchange posted the news on its website and […]
screenshot/CNBCTrading was halted at the New York Stock Exchange on Wednesday morning.The latest from the NYSE is that all symbols are not trading and all open orders are now canceled.”Additional information will follow as soon as possible,” the NYSE’s website says.According to CNBC, the halt started at 11:32 a.m. ET and was triggered by “technical issues.””We’re currently experiencing a technical […]
Nosedive PanicThe crash in Chinese equities continues amid regulators’ talk of panic and irrational selling.Ironically, China has banned the use of terms like ‘equity disaster’ and ‘rescue the market’ in analyst’s reports on the stock market.Over Half of Companies HaltedThe Guardian reports China Stock Markets Continue Nosedive as Regulator Warns of Panic.
Chinese stock markets tumbled again on Wednesday as investors […]
ReutersAn investor stretches in front of a screen with stock information at a brokerage house in Xiangyang, Hubei province, February 22, 2011.See AlsoChina is flooding the US with insane drug ‘flakka’ — and it’s shockingly easy to obtainThere is something that is a bigger drag on US stocks than Greece or ChinaThere is a new ‘ghost town’ in ChinaAs all […]
