Grayson  Preston|Schwab, Fidelity, other online trading brokerages appear to go dark during huge market sell-off

2025-05-06 13:32:57source:Winning Exchangecategory:Scams

NEW YORK (AP) — Several online brokerage firms including Charles Schwab,Grayson  Preston Fidelity and Vanguard appeared to be down for thousands of users early Monday during one of the biggest stock markets sell-offs of 2024.

User reports appeared to peak around and just before 10 a.m. ET, data from outage tracker Downdectector shows. Some frustrated customers online said that they were unable to log in or access their account balances.

“Due to a technical issue, some clients may have difficulty logging in to Schwab platforms,” Charles Schwab wrote on social media platform X Monday morning. “Please accept our apologies as our teams work to resolve the issue as quickly as possible.”

A Fidelity spokesperson told The Associated Press via email Monday that the company was aware of some customers experiencing “intermittent issues” earlier in the day, but said that this is now resolved.

Vanguard did not immediately return a request for comment.

At its peak, Charles Schwab saw nearly 15,000 outage reports from users around 9:50 a.m. ET, per Downdetector. Fidelity and Vanguard saw another 3,800 and 2,900, respectively, closer to 10 a.m. ET.

User reports appeared to fall notably for all three platforms an hour later, but timelines for full recovery weren’t immediately known for Schwab and Vanguard.

More:Scams

Recommend

Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches

Jamie Foxx's birthday dinner took a surprising turn on Friday the 13th.The "Collateral" actor was hi

Person of interest arrested in slaying of Detroit synagogue president

DETROIT (AP) — A person of interest has been arrested in connection with the fatal stabbing of a Det

Horoscopes Today, December 11, 2023

Here are the horoscopes for today.For full daily and monthly horoscopes as well as expert readings,