Nasdaq Trading Halt Exposes Communication Gaps When Crisis Hits

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Nasdaq Trading Halt Exposes Communication Gaps When Crisis Hits

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Nasdaq Trading Halt Exposes Communication Gaps When Crisis Hits

by Wochit 0:55 mins

Nasdaq Trading Halt Exposes Communication Gaps When Crisis Hits

by Wochit 0:55 mins

The three-hour trading halt last week in Nasdaq stocks has raised questions about the exchange's communications effort and whether procedures need to be established to keep the investing public informed when mishaps occur. Venus Williams had been 14-0 in the first round of the U.S. Open, though she never had to face an opponent ranked in the top 30 at that stage. Her ranking down to 60th, Williams beat the 12th-seeded Kirsten Flipkens 6-1, 6-2 for one of her biggest wins since she pulled out of this tournament two years ago because of Sjogren's syndrome, an autoimmune disease. A handful of corporate deals helped nudge the stock market higher despite a disappointing report on the economy.

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