A trader works on the trading floor of the New York Stock Exchange on July 3, 2024.
Brendan McDermid | Reuters
The massive IT outages that are causing unprecedented global disruption are clearly not going to hinder normal business in financial markets.
Officials at both the New York Stock Exchange and Nasdaq said they were up and running on Friday despite some issues. CrowStrike Issues Everything from airlines to banks to many other businesses around the world has been affected.
“NYSE markets are fully operational and we expect to open normally this morning,” a spokesman for the exchange said Friday.
Likewise, Nasdaq, the favorite trading venue for fast-growing technology stocks, said it has successfully weathered the problems Caused by updates to CrowdStrikea global cybersecurity company, has implemented.
“Our European markets and U.S. pre-market operations are operating normally. We expect the U.S. market to open normally,” the company said.
There’s something else wrong, though: The Russell U.S. indexes, which include the closely watched Russell 2000 small-cap index, weren’t calculated after the opening bell. CNBC.com has contacted FTSE Russell for comment.
However, this news mass strike Per se: Its shares fell more than 13% in premarket trading.