Glitch Crash: Berkshire Hathaway Shares Tumble 99% as NYSE Blames Technical Issues
The New York Stock Exchange said it is experiencing technical issues.
The New York Stock Exchange said it is experiencing technical issues.
Just two days after saying it wouldn’t delist the companies, the NYSE has gone back to the original plan to throw Chinese telecoms off the exchange.
“With Trump’s days in the White House coming to an end, the deep state panda huggers are feeling empowered once again,” said one former administration official.
Trading on the exchange will continue electronically but the floor itself will be closed starting Monday.
Stocks dropped sharply for a second day on heightened fears over the impact of the coronavirus on U.S. companies.
The market is showing some signs that the coronavirus is taking its toll.
The Dow Jones Industrial Average crossed the threshold of 29,000 for the first time ever.
Stocks opened lower to start the day and the sell-off accelerated in the final hours of trading.
Intercontinental Exchange, the parent company of the New York Stock Exchange, is reportedly developing an online cryptocurrency exchange.