New York Stock Exchange (NYSE) May Re-Open This Afternoon

Shares will begin trading on the New York Stock Exchange, the biggest of the company’s platforms, and NYSE MKT, the third-largest, after 3 p.m. New York time, according to a notice on its website.

The New York Stock Exchange issued this statement: “We’re now experiencing a technical issue that we’re working to resolve as quickly as possible”.

A technical issue caused the trading halt, Reuters reported, citing a source. The Department of Homeland Security told CNN that there doesn’t appear to be anything fishy about the two incidents.

The NYSE halt came shortly after United Airlines (UAL.N) was forced to ground flights at all USA airports due to computer issues. Arnuk says the other exchanges are handling the trading “fluidly and smooth”.

The technical problem that has halted trading on the New York Stock Exchange hasn’t changed the Dow or other market indexes much.

The exchange does a lot of its business at the close of trading, and if it’s still down then, the problems could increase.

The White House said President Obama had been briefed on the issue.

At 11:51 a.m. NYSE updated its status page, stating that all open orders will be cancelled. The Dow was down 175 points (about 1%) around the time of the halt.

The floor of the New York Stock Exchange.

The Canadian dollar was down slightly ahead of trading on North American stock markets.

“This is one of the rare cases where the fragmented markets we live in actually serve a goal”, said Dave Nadig, director of exchange-traded funds at FactSet Research Systems.

The IntercontinentalExchange Group, which bought NYSE Euronext in late 2012, is down 1.7 percent. No. There are lots of legitimate reasons to be anxious about stocks like Greece, China and expensive stock prices that might not be justified. United Airlines’ shares were down 2.2 percent at $53.11.

REPORT CARDS DUE: The unofficial start to the second-quarter earnings season starts Wednesday when Alcoa turns in its results after the closing bell.

The S&P 500 was down 23 points, or 1.1 percent, to 2,057.