Nasdaq Resumes Trading After Three-Hour Outage

Thursday, August 22, 2013 4:02 pm | < 1 Minute Read
NEW YORK (AP) —
This screenshot of a chart of the NASDAQ composite provided by FactSet on Thursday, shows trading in the Nasdaq, a major stock exchange dominated by the biggest names in technology, as it was halted shortly after midday Thursday due to a technical glitch. (AP Photo/FactSet)
This screenshot of a chart of the NASDAQ composite provided by FactSet on Thursday, shows trading in the Nasdaq, a major stock exchange dominated by the biggest names in technology, as it was halted shortly after midday Thursday due to a technical glitch. (AP Photo/FactSet)

Trading on the Nasdaq stock exchange is resuming after a three-hour halt caused by a technical glitch.

Other exchanges were operating normally Thursday, and stocks rose slightly.

Nasdaq trading resumed at 3:25 p.m. EDT. The exchange had halted trading shortly after noon.

The disruption sent brokers scurrying to figure out what went wrong and raised new questions about the pitfalls of computer-driven stock trading.

Nasdaq said it wouldn’t be canceling any open orders, but that customers could cancel orders if they wanted to.

Thursday’s Nasdaq freeze echoed earlier stock market snafus, such as the sudden plunge in stocks in May 2010 that came to be known as the “flash crash.”

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