Trades on the NASDAQ market were halted for three hours due to a technical error. Around 12, issues with quote dissemination (the process of providing real-time prices) began to show. These issues were so severe that NASDAQ decided to halt trading of Tape C securities at 12:14. Tape C securities include most stocks listed on the NASDAQ. Share trading of Microsoft, Apple, Google, and other NASDAQ giants were completely stopped. This blackout continued until 3:02, when shares of AAME began to be traded. Ten minutes later, all NASDAQ securities resumed normal trading. The NASDAQ Composite (^IXIC) closed at 3638.71, up 38.92 points (1.08 percent).
Sources:
Reuters
NASDAQ.com
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