Chaos erupts as BLACK MONDAY stock market crash sends most major U.S. brokerages OFFLINE
There is trouble in money land after a Monday premarket stock plunge saw all major U.S. brokerages, including Charles Schwab, TD Ameritrade, Fidelity, Vanguard, E-Trade, Robinhood and Interactive Brokers (IBKR), go offline, preventing traders from selling.
Trouble began late Sunday night when the Nikkei 225 in Japan saw an historic 12 percent overnight selloff. Other markets reacted in kind as Americans woke up early Monday morning to major market carnage in the making.
The Down Detector tracking website showed that all major U.S. brokerages were inaccessible both before and during premarket and at the time of the bell on Wall Street, leaving investors unable to react to the situation.
Panic is spreading as the illusion of safe and secure markets vanished in an instant. Users of the…
