In case you were wondering what happened to the US equity market, and in particular big tech like the NDX, trading was halted on GOOG until 3:20 PM EST after the premature release of their earnings which were lower than expected.
Google Shares Fall on Premature Earnings
By John Letzing and Ben Fox Rubin
Google Inc. (GOOG) prematurely released its quarterly earnings midday Thursday, reporting that profit declined 20% as total costs jumped and advertising prices continued to slide.
The unexpected release, via a filing with the Securities & Exchange Commission, triggered a selloff in Google shares.
The stock dropped about 9% before trading was suspended and weighed on the broader Nasdaq Stock Market Indices...