All trading has halted on the New York Stock Exchange, and the NYSE would like everyone to know that it’s the result of an internal technical screwup and not a cyberattack.
The market's down 400 points today, continuing this terrorific scream-ride we've been on. EVERYBODY PANIC. Right? Actually, here's how—and when—the NYSE prevents one-stop-drop financial Armaggedon.
Wonder if that long awkward silence is because everyone's trying to think of a non-obvious joke about this whole thing. [Thanks, OMG! Ponies!]
Even more bad news for the beleaguered Circuit City: in addition to having Sony stop their shipments to the store, they've now been informed that because their stock price has averaged below $1 for the past 30 days on the NYSE, the stock is in danger of being delisted from the exchange. In a few days, their ticker…
Computers have reduced tons of the bustle on the NYSE floor, but it's still a pretty charged place. Here you can duck the telescoping trading terminals as you swoop around a full 360-degree flash panorama courtesy of the NYTimes. Can you feel the pain? [NYTimes - Thanks, Dan!]