Re: Nasdaq Breaks Down for 2nd Day, Disrupts Trading
29 Jun
2001
29 Jun
'01
6:48 p.m.
On Fri, 29 June 2001, Rishi Singh wrote:
New York, June 29 (Bloomberg) -- The Nasdaq Stock Market broke down for a second straight day, disrupting traders for about 90 minutes this afternoon on one of the busiest days of the year. The No. 2 U.S. stock exchange cancelled its aftermarket session.
Officials of the computerized stock market said an error by an MCI Worldcom technician led to the problems.
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Sean Donelan