Wednesday, July 08, 2015

As China Stocks Plunge, NYSE Suffers Mysterious Trading Halt

China's precipitous stock market plunge continues, with no sign of abatement:

Strangely, the New York Stock Exchange has suddenly halted all trading, due to "technical problems":

Given China's track record of cyber-attacks, there's always reason to be watchful of them. If a dire financial crisis (like a runaway stock market plunge) were to make that country's leadership feel threatened enough, there's no reason why they wouldn't attack the computer systems of foreign trading exchanges in order to disrupt them and impose a global "circuit-breaker" to save their own markets from meltdown.

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