» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 37 | NO. 34 | Friday, August 23, 2013

Nasdaq to resume trading after outage

Print | Front Page | Email this story

NEW YORK (AP) — The Nasdaq stock exchange is saying it plans to resume trading at 3:10 p.m. after a nearly three-hour outage caused by a technical problem.

Trading in the Nasdaq, a major stock exchange dominated by the biggest names in technology, was halted shortly after midday Thursday. Other U.S. exchanges were operating normally, and stocks rose slightly.

The disruption sent brokers scurrying to figure out what went wrong and raised new questions about the pitfalls of computer-driven stock trading.

The Nasdaq's freeze echoed earlier stock market snafus, such the sudden plunge in stocks in May 2010 that came to be known as the "flash crash" and the glitch-plagued initial public offering of Facebook last year.

The Nasdaq composite index was trading at 3,631.17, up 31.38, at the time of the halt.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0