The NYSE says a trading issue that halted dozens of stocks has been resolved

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Several stocks halted due to 'exchange-related issue'

Trading in dozens of stocks on the New York Stock Exchange was halted shortly after the market opened on Tuesday due to an apparent technical issue.

Among the top names affected were Morgan Stanley, Verizon, AT&T, Nike and McDonald’s, according to the NYSE website. It has been proven that many stocks had extremely large swings when the market opened, which could have stopped volatility.

CNBC’s Bob Pisani said on “Squawk on the Street” that the issue appears to be a technical issue and not something that happened on the trading floor.

Many of the affected companies resumed trading by 9:45 a.m. ET. The NYSE said at about 9:50 a.m. that all its systems were operational.

In a statement, the exchange said it is still investigating the issue with the opening auction.

“In a subset of symbols, opening auctions did not take place. The exchange is working to clarify the list of symbols,” the statement said.

The NYSE, like other exchanges, has automatic stops for stocks that move significantly in one direction or the other. On a typical trading day, very few stocks are suspended for volatility on the NYSE.

The other major US stock exchange, the Nasdaq, did not appear to be affected by the technical issue.

Correction: The NYSE technical issue occurred on Tuesday. A previous version had the day of the week wrong.

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