Glitch at NYSE Leads to Some Wild Stock Swings

An apparent glitch at the operator of the New York Stock Exchange triggered volatility trading halts in about a dozen companies, including Chipotle and Berkshire Hathaway. NYSE confirmed it was having a "technical issue." Bloomberg's Katherine Doherty reports.

Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you.
--------
More on Bloomberg Television and Markets


Connect with Bloomberg Television on:

Connect with Bloomberg Business on:

More from Bloomberg:


Watch more on YouTube:

[vmckltv]

The market is rigged. The rich feed from the poor.

[Dontmesw.iT.]

Something stinks to high heaven folks..!!!
Total BS!!!

[apes]

They call their corruption "glitches"😂😂😂😂

[ibigfoot]

Scam is all it was people scam us again

[DanStreet-rmwr]

A glitch? Or politicians insider trading?

[RiverBanks]

Sure! A glitch! How many congress people benefited from this (GLITCH)

[tonylopetrone]

We’ll never find out the truth. Limited up and limited down is to protect the institution. Full stop!!

[ibleedgreen]

In other words... $GME is breaking the stock market 😂

[Luciphell]

"a glitch"
Is that what they are calling cyber crime/terrorism now?

[MonetaryRebel]

But...why do you need a limit up/limit down mechanism to stop Berkshire from dropping doesn't that mean someone still sold?...

[PresidentNotSoSure]

They keep playing with our lives at every angle.

[danjohnston]

Soooo....
These are " Technical Issues "
that are temporary and would have been undetected under the old T+2 System ?
Sounds like a window of opportunity of some kind has closed

[everlonggaming]

Its amazing there are so many glitches in this system... was it made by EA?

[itsroween]

Huh? This is wild. Everyone be safe and have a back up plan.

[sammyvh]

Everytime there is one of thses so called glitches some traders get rich and us pions lose money. SEC needs to hold people accountable and prosecute

[fredtaylor]

Uh.... right after the new gamestop news right?

[pokeynewsome]

There are "glitches" in my video game online. It's a nice way of saying cheat. When someone in my game glitches, it's a way of cheating to gain an advantage. It's messed up and ruins the game. Oh yeah, it's on purpose, and someone is getting richer.

[HamburgerMolester]

Tell us who benefited from the "glitch."

[LOADING...o.o.o]

Actually the whole market is crushing and the government always make it look like it is a glitch.

[joshbeamon]

Incident? Who made the most money off this situation? They know all about it lol.