The New York Stock Exchange (NYSE), the Wall Street Journal and United Airlines all experienced technical errors Wednesday.
United halted all flights after computer systems went down and restored regular service an hour later. The NYSE suspended all trading and cancelled all orders after an internal technical glitch late Wednesday morning. After almost four hours trading reopened. Around the same time the NYSE glitched the Wall Street Journal’s website went down and was restored an hour later.
United took to Twitter to respond saying they “experienced a network connectivity issue.” Passengers were offered flight vouchers for their two-hour flight delays.
We experienced a network connectivity issue. We are working to resolve and apologize for any inconvenience.— United (@united) July 8, 2015
The NYSE tweeted that their issue was “internal” and “not the result of a cyber breach.”
(1 of 3) The issue we are experiencing is an internal technical issue and is not the result of a cyber breach.— NYSE (@NYSE) July 8, 2015
(2 of 3) We chose to suspend trading on NYSE to avoid problems arising from our technical issue.— NYSE (@NYSE) July 8, 2015
(3 of 3) NYSE-listed securities continue to trade unaffected on other market centers.— NYSE (@NYSE) July 8, 2015
Despite the NYSE's claim that there was no external cyber breach, a cryptic tweet from an Anonymous affiliated twitter account @YourAnonNews posted Tuesday night flamed speculation otherwise.
Wonder if tomorrow is going to be bad for Wall Street.... we can only hope.— Anonymous (@YourAnonNews) July 8, 2015
Anonymous did not claim responsibility for the glitches with United Airlines, the NYSE or the Wall Street Journal.
They later tweeted a clip from The Office where Steve Carell’s character Michael Scott yells for everyone “to calm down the f-ck down”, presumably denying their involvement.
Ok everyone... Regarding - - - LoL NYSE Wall Street LoL - - - https://t.co/xZaZFSkkH3— Anonymous (@YourAnonNews) July 8, 2015
The NYSE has halted trading before. On 9/11 the NYSE closed and did not open again for trading until September 17th. Due to Hurricane Sandy the stock exchange was closed for two days in 2012, October 29th and 30th.
President Barack Obama was briefed on the trading suspension at the NYSE, said a White House Official Wednesday early afternoon.
Facts about the United Airlines error:
- United experienced network connectivity issues
- United stopped all flights from lift off at 8:26 a.m.
- United offered flight change waivers to those affected
- United resumed flights at 10 a.m.
- Flight passengers, pilots, airport staff and United employees were all affected by the delays
Facts about the NYSE error:
- NYSE stopped trading at 11:32 a.m.
- NYSE tweeted the issue was an internal computer glitch, not a cyber attack
- NYSE President Thomas Farley states floor will reopen at 2:45/3 p.m.
- NYSE resumed trading at 3:20 p.m.
- Traders were unable to use NYSE but trading on NASDAQ and other exchanges were fully operational
- The Dow ended down 1.5% to 17,515.42
Facts about the WSJ crash:
- Wall Street Journal website was down around 11:40 a.m.
- Wall Street Journal website back up at 12:46 p.m.
- Readers were unable to access content and redirected to a temporary page of headlines
- Employees stayed at work while the issue was being resolved