Technical issue forces early closure on TSX as markets fall
01 Mars, 2020, 04:19 | Auteur: Auguste Feret
The S&P/TSX composite index was down as much as 821 points after a technical problem forced an early end to trading on the Toronto Stock Exchange on Thursday. The S&P 500 index was down 74.56 points at 2,904.20, while the Nasdaq composite was down 152.12 points at 8,414.36.
The trouble on the exchange came amid heaving trading as investors have been selling off stocks amid fears that the novel coronavirus outbreak that began in China will hurt the global economy. "We apologize for the inconvenience".
"Due to the nature of the issue, TMX was unable to engage disaster recovery systems in time to ensure an orderly market re-open and closing session".
Trading on Thursday was suspended early after what TMX Group, which operates the exchange, said was a system capacity issue within the messaging technology component of its trading engine.
TMX said it has taken measures to mitigate the risk of recurrence, including significantly increasing the capacity of this component.
"Please be aware that the Montréal Exchange will halt trading on all Equity Derivative Instruments and place all instruments in a pre opening state", it said in a statement posted to Twitter. "You're looking at what's happening in the USA, and not being able to do anything in Canada".
Dow falls more than 4% amid coronavirus stock rout
Shares in airlines have been especially hard-hit as travel bans are imposed and companies limit staff travel. Dozens of firms have warned of disruptions to their supply chains and a decline in consumer demand.
"Alternative markets were open, but it makes it very hard for the average investor to rebalance, or even their adviser to work within their existing portfolio".
It partially recovered to move slightly below the 10 per cent correction threshold but was still the worst day in 15 months, losing 454.39 points or 2.7 per cent to close at 16,263.05. "It's more of an issue if you wanted to say, sell for cash, and you were going to do it in the last two hours of the day".
The London Stock Exchange had technical software issue last August that delayed its opening by close to two hours and also had a delayed opening in June 2018, and before that during a session in 2011.
The 2018 incident was caused by a hardware failure in a central storage appliance of the trading system, the company said.
TMX's CEO at the time Lou Eccleston said the company was committed to applying the lessons learned from this incident to help it prevent such issues from recurring in the future.
FDA Commissioner Stephen Hahn said his agency is "rapidly responding and adapting to this dynamic and evolving situation". California now has two patients who did not recently travel outside the US or come in contact with someone who did.
The virus reportedly originated in China but has since spread to every continent on the globe except Antarctica. As of Tuesday, 59 cases have been confirmed in the us , but no one has died of the virus.
Fan du chanteur et venu exprès de Belgique, Lwangi Bienvenu contemplait le désordre depuis son hôtel proche de la Gare de Lyon. Il regrette aussi les échauffourées ayant opposant des opposants à ce concert aux forces de l'ordre.
Some communities, including San Francisco, already have declared local emergencies in case they need to obtain government funding. Dick Durbin, tweeted Friday that Pence reached out to him about working together. "That could change.
It can be said that COVID-19 is worse than influenza but less bad than SARS and MERS due to their quite high mortality rates. She said: "We now have people in the field working in the community from the local, from the state and also from the CDC".
There are 62 other confirmed cases of coronavirus in the US, according to the US Centers for Disease Control and Prevention. And Dr Sonia Angell, director of California Department of Public Health has made attempts to reassure the public.
F1 will head to Bahrain the following weekend, with the inaugural Vietnam Grand Prix third on the calendar. They are monitoring the situation closely and will notify the media should there be any changes.
It is now hovering at about $50 due mainly to the novel coronavirus outbreak that is reducing demand in China. A total of 684 full-time equivalent positions with the government are set to be cut this year.
Le film d'animation encensé par la presse J'ai perdu mon corps , de Jérémy Clapin, a obtenu le César du Meilleur film d'animation. Cette 45ème cérémonie des César s'est déroulée sous haute tension comme cela était à prévoir.
There have now been nine people in Queensland with COVID-19 including the three people from the Diamond Princess Cruise Ship. The other five coronavirus victims on the Gold Coast have since been given the all clear and released from hospital.
Vargas conducts himself similarly to the way that Garcia has always carried himself. "He's got the size and the height". With nearly a year off, Garcia is back and ready to make another attempt at a world title in the welterweight division.
Il touche une cinquantaine de pays, avec un bilan de plus de 4000 contaminations et plus de 60 morts hors de Chine . Les États-Unis ont quant à eux recensé trois nouveaux cas de contamination d'origine inconnue au coronavirus .
Dems launch Justice Department probe, seek Stone interviews
Trump or the White House associated to them, and permit greater than a dozen division prosecutors to take a seat for interviews . He is seeking a new trial, saying the jury forewoman's anti-Trump tweets show she was biased against him.
The rocky road ahead — European Union trade talks
Failure to reach a new agreement with the EU - Britain's largest trading partner - is likely to be hugely disruptive. Some of the most controversial issues are tariffs, border restrictions and fisheries.
Timberwolves fined $25K for resting guard D'Angelo Russell
The Timberwolves issued a statement of acceptance of the punishment that also spelled out their case for an exception to the rule. Most recently, his Timberwolves debut was pushed back a game earlier this month as he recovered from a right quad contusion.
New coronavirus cases in OR and Washington
FDA Commissioner Stephen Hahn said his agency is "rapidly responding and adapting to this dynamic and evolving situation". A woman in her 50s returned from traveling in Daegu, South Korea, on Sunday, Feb. 23.