Skip to main content

Market Overview

NYSE Technical Glitch Leads To Stock Halts In Uber, AT&T, Others: What We Know So Far

Share:
NYSE Technical Glitch Leads To Stock Halts In Uber, AT&T, Others: What We Know So Far

A technical issue caused the New York Stock Exchange to halt trading in a swath of stocks on Tuesday morning. 

As a result, many stocks saw their prices decline sharply before trading was halted.

Stocks affected included Uber Technologies Inc (NYSE: UBER), AT&T Inc. (NYSE: T), Morgan Stanley (NYSE: MS), and 81 other New York Stock Exchange-listed securities.

UPDATE: The NYSE is investigating reported issues with the opening auction, the exchange told Benzinga in a statement shortly after 10 a.m. Tuesday.

All NYSE systems are operational, the statement said. 

"The opening trades originally posted to NYSE were incorrect. I had OPGs on some of these stocks and they did not execute," Dennis Dick, co-host of Benzinga's "PreMarket Prep" show, said in a tweet after the open Tuesday.

Traders and investors were left to wonder about the cause of the problem and its potential impact on the markets.

Some traders speculated the issue could be related to problems with the NYSE's systems or to a cyberattack, but the exchange has not yet confirmed any details about the cause of the issue.

Overall, the technical issue caused a chaotic morning on Wall Street, as traders scrambled to understand what was happening and to adjust their positions accordingly.

Photo via Shutterstock. 

 

Related Articles (MS + T)

View Comments and Join the Discussion!

Posted-In: New York Stock Exchange NYSENews Top Stories Markets

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com