By Jonathan Davies

Trading on the New York Stock Exchange (NYSE) was suspended for more than three hours yesterday (Wednesday) after a technical fault.

Trading has since resumed and the NYSE has stressed that the fault was not the result of a cyber attack. Other markets, like the Nasdaq, were unaffected.

Shares were suspended shortly before 11:30 ET, and sent prices down after the restart. The Dow Jones closed 1.5% lower, the Nasdaq fell 1.8% and S&P 500 was down 1.7%.

NYSE said in a statement when the suspension was imposed: "We're currently experiencing a technical issue that we're working to resolve as quickly as possible.

"We will be providing further updates as soon as we can, and are doing our utmost to produce a swift resolution, communicate thoroughly and transparently, and ensure a timely and orderly market re-open."