NYSE investigates technical issue that caused wild market open

NYSE investigates technical issue that caused wild market open
Dozens of the biggest US companies on the NYSE suddenly plunged or spiked. (Image: Getty)
Bloomberg
By Matt Turner and Katherine DohertyThe New York Stock Exchange is probing what caused wild price swings and trading halts when the market opened on Tuesday (US time) as shares for dozens of the biggest US companies suddenly plunged or spiked.A “technical issue” that the exchange didn’t immediately identify resulted in some gyrations that spanned almost 25 percentage points between the high and low in a matter of minutes. Banks, retailers and industrial companies were among those affected, including Wells Fargo, McDonald&...

More Bloomberg

Fears for 1,000 wind projects as German election nears
Energy

Fears for 1,000 wind projects as German election nears

Expansion of energy source is at risk of a drastic slowdown, industry group says.

Bloomberg 01 Feb 2025
UK burying Thatcher’s privatisation legacy
Policy Opinion

UK burying Thatcher’s privatisation legacy

Experience with privatised public services has soured.

Bloomberg 04 Jan 2025
Firms do better when more women are on boards: analysts
Bloomberg

Firms do better when more women are on boards: analysts

The most gender-diverse companies deliver higher shareholder returns than others.

Bloomberg 14 Dec 2024
How Saudi Arabia turned back climate progress at summit
Politics

How Saudi Arabia turned back climate progress at summit

Oil giant crucial in ensuring nations were not called on to eschew fossil fuels.

Bloomberg 01 Dec 2024