NEWS ABOUT: New York Stock Exchange

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Medal of Honor Recipient Visits NYSE, Breaks Gavel

Staff Sgt. Ryan Pitts helped close down the exchange with a bang

(Newser) - On Monday, former Army Staff Sgt. Ryan Pitts walked up to President Obama, shook his hand, and humbly accepted his Medal of Honor . Obama might have gotten off lightly because yesterday Pitts used that same hand to close the New York Stock Exchange with its ceremonial gavel, and the gavel... More »

Dow Hits 16K for First Time

And S&P is trading above 1.8K

(Newser) - The Dow Jones Industrial Average crossed the 16,000 threshold this morning for the first time, with Boeing—bolstered by hefty 777X orders at the Dubai Airshow yesterday—acting as one of the day's biggest movers, reports the AP . The S&P 500, meanwhile, was trading above 1,800;... More »

It's Twitter IPO Day

Shares priced at $26, will start trading at 9:30am

(Newser) - At 9:30am today, Twitter starts trading on the New York Stock Exchange (ticker symbol: TWTR). The microblogging company priced shares at $26, which was higher than the expected $23 to $25 range and values the company at $18.34 billion—more than Macy's and Bed Bath & Beyond,... More »

Dow Jumps 200 on Deal Reports

Market breathes a sigh of relief

(Newser) - Investors sprang into action today on reports that a Senate deal to reopen the government and raise the debt limit "is in hand," sending stocks soaring. At one point the Dow was up as much as 200 points in midday trading, and as of 11:39am was still... More »

NYSE's 1st Female Member Dies at 80

Muriel 'Mickie' Siebert was also New York's 1st banking superintendent

(Newser) - Muriel "Mickie" Siebert, who started as a trainee on Wall Street and became the first woman to own a seat on the New York Stock Exchange, died Saturday of complications of cancer at age 80. Her death was confirmed by Jane Macon, a director of Siebert Financial, which Siebert... More »

Nasdaq Resumes Trading After Technical Glitch

Exchange was down about 3 hours

(Newser) - Nasdaq is back in business after an apparent technical glitch brought the exchange to a rare halt this afternoon for more than three hours, reports the Wall Street Journal . The exchange hasn't fully explained what happened, but trading of all Nasdaq securities ground to a halt just after noon... More »

NYSE to Buy Scandal-Plagued Libor

But UK will still regulate it

(Newser) - Hey buddy, wanna buy a disgraced financial metric? Because the New York Stock Exchange does. It's struck a deal to buy Libor, the benchmark for global short-term interest rates that became synonymous in recent years with complex stories about financial skullduggery thanks to a scandal in which the world'... More »

NSA: Spying Foiled Stock Exchange Bomb Plot

Agency defends itself in congressional hearing

(Newser) - The NSA's controversial spying activities have prevented more than 50 terror attacks since 9/11, the agency's director told the House Intelligence Committee today, including attempted bombings of the New York Stock Exchange and, as previously disclosed , the New York City Subway. Gen. Keith Alexander said he'd go... More »

Dow Cracks 14,000

Psychological threshold passed for first time since 2007

(Newser) - The Dow Jones Industrial Average hit a major psychological milestone today, cracking 14,000 for the first time since the financial crisis, CNBC reports. The move lasted only for a moment—seconds later it had pulled back below the threshold—but the Dow is still trading more than 100 points... More »

NYSE Sells to Rival Exchange for $8.2B

Iconic 220-year-old exchange sells to competitor

(Newser) - InterContinentalExchange Inc. has agreed to buy NYSE Euronext, the company that owns the New York Stock Exchange, for $8.2 billion, the two companies announced this morning. ICE, an Atlanta-based commodity exchange, says it intends to leave the NYSE's branding alone, and would explore an IPO for Euronext, spinning... More »

NYSE Testing Hurricane Contingency Plan

And denies reports that the exchange had flooded overnight

(Newser) - As the New York Stock Exchange remains closed for a second day today, US stock exchange operators are testing a new “precautionary” contingency strategy this morning with an eye toward restarting trading again this week. The plan involves the NYSE and the smaller NYSE MKT staying closed, as the... More »

Sandy May Delay October Jobs Report

GOP cries foul, Labor Dept. says it's working hard to avoid it

(Newser) - The Labor Department started a brief uproar today when it said it might have to put off releasing Friday's jobs report for October because of Hurricane Sandy. That sent off a firestorm among conservative pundits, who sensed an election ploy, Politico reports. Breitbart News' editor-at-large said it would be... More »

Dow Plunges 200 on Bad Earnings

Stocks suffer biggest drop since June

(Newser) - Stocks plunged at the open today, with the Dow falling more than 200 points, sending it to its lowest level in seven weeks. As of 10:22am the Dow was down 206, while the Nasdaq and S&P were down 30 and 20 points respectively. The major cause for the... More »

Occupy Wall Street's Next Plan: S17

They'll surround stock exchange, maybe make citizens' arrests

(Newser) - The Occupy Wall Street movement has been locked in a slow death spiral this year, but organizers think they can revive it with a massive protest to mark its first anniversary on Sept. 17. The "S17" event will see protesters block traffic in the financial district, encircle the New... More »

Dozens Arrested as Occupiers Reach NYSE

Protesters to visit stock exchange, subway, bridges today

(Newser) - Days after being removed from Zuccotti Park, Occupy Wall Street is launching its biggest day of protests yet, and the arrests are already piling up: Daily Intel reports that about 60 people have been arrested after clashing with police in their attempt to reach the New York Stock Exchange. Thousands... More »

Market Swings Too Wild Even for Big Traders

Attempting to buy or sell can send prices fluctuating wildly

(Newser) - Even the biggest of fish are finding the waters too choppy on Wall Street. As the Dow swings about wildly—it fell 247 points yesterday, and has moved at least 1% in 14 of its past 19 sessions—so too are individual stocks. It’s become nigh-impossible to buy or... More »

Anonymous Threatens to 'Erase' NY Stock Exchange

But threat is a hoax, separate Anonymous faction claims

(Newser) - Is Anonymous planning an attack on the New York Stock Exchange? A video supposedly from the hacking collective threatens to "erase" the NYSE next Monday, CNBC reports. "NYSE shall be erased from the Internet. On October 10, expect a day that will never, ever be forgotten," warns... More »

New York Stock Exchange Will Open Tomorrow

Building, systems in working order after Irene

(Newser) - The opening bell of the New York Stock Exchange will ring on time tomorrow. The operators of the historic Big Board and other major US exchanges said they plan to open for trading as usual. Weather has shut down or delayed the opening of the stock markets about two dozen... More »

Stocks Soar, Dow Up 322

Analyst chalks it up to psychology

(Newser) - Stocks had their best day in more than a week today, with the Dow jumping a whopping 322 points, while the Nasdaq and S&P gained 101 and 39 points respectively. Investors are betting that the Federal Reserve will heap more stimulus on the economy this week, Bloomberg reports, while... More »

Stocks Shoot Up at Open

Dow sees triple-digit rise

(Newser) - Is the panic over on Wall Street? The Dow shot up around 131 points, and the S&P and Nasdaq were up 13.5 and 26.2 as of 9:39am EST. Part of the gain came from Google’s blockbuster acquisition of Motorola , which sent the latter’s stock... More »

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