Floor Trading Resumes in Most NYSE Stocks Hit by Glitch

Floor trading has resumed in most stocks hit by midday computer glitch at the New York Stock Exchange.

A loss in server connectivity caused the NYSE to halt trades in about 242 companies for more than an hour.

Ray Pellecchia, spokesman for NYSE Euronext, told Reuters that the exchange was not planning on canceling trades in the affected stocks, which included CNBC-parent General Electric (NYSE: ge), Merck (NYSE: mrk), Bank of America (NYSE: bac) and Exxon Mobil (NYSE: xom).

"Everything has reopened for trading," said Pellecchia.

The NYSE detected problems routing trading orders to the floor at 10:43 a.m. Eastern and said about an hour later that floor trading was halted in the affected stocks so technicians could install replacement computer equipment.

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