What have you always wondered about the economy? Tell Us
Final Note

NYSE halts trading after strange volatility

Kai Ryssdal Aug 1, 2012
HTML EMBED:
COPY
Final Note

NYSE halts trading after strange volatility

Kai Ryssdal Aug 1, 2012
HTML EMBED:
COPY

This final note today, which I’ll kick off by mentioning that Facebook lost another 3.8 percent today. Just shy of $21 is what one share will cost you.

I mention that — and by implication Facebook’s completely messed up IPO — as a way to get to this item about the stock market. The New York Stock Exchange halted trading in a hundred or so stocks today after some really crazy volatility began showing up. It brought back memories of the flash crash of a couple of years ago.

No thousand-point drops or anything, but enough — when you wrap it in with the glitches around Facebook — to remind you that the markets most definitely aren’t perfect.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.