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Pesky Squirrel Again Drives Nasdaq Nuts

August 02, 1994|From Associated Press

NEW YORK — For the second time in seven years, a squirrel led to a brief closure of the nation's second-largest stock market Monday.

The squirrel is suspected of chewing into power lines near the Nasdaq stock market's computer center in Trumbull, Conn., and causing a brief dip in power to the computer center, a utility spokeswoman said.

Although Nasdaq never lost power completely, automatic systems tried unsuccessfully to switch to a standby generator.

Technicians then started turning over computing chores to a backup in Rockville, Md.

The Nasdaq stock market closed at 1:17 p.m. EDT and reopened 34 minutes later after switching to the backup computer system. In 1987, a squirrel carrying a piece of aluminum foil shorted out service to Nasdaq.

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