NASDAQ

The Weekly Wrap on Nasdaq's major glitch on Thursday, plus looking ahead to the central bankers meeting at Jackson Hole.

The Nasdaq closure had nothing to do with rogue or erroneous orders. The system that shows stock prices failed.

Chris Low, chief economist at FTN Financial, says glitches like this are bound to keep happening.

NASDAQ, the second-biggest stock exchange in the country, halted trading for about three hours due to a technical glitch.

There are fat finger trades, there are flash crashes and there are squirrels.

Tesla joins the NASDAQ-100 on Monday, only a year after some critics were expecting it to be another dud.

The tech-heavy index hasn't been this high in 12 years, but it's tech-bubble days remain the highest heights.

New York City is preparing for Hurricane Sandy by shutting down the city's public transportation. Financial markets will also be closed today.

Published reports today suggest NASDAQ is working on a plan to compensate brokerages that lost perhaps $100 million when software fouled up the start of trading in Facebook's IPO last month.

It says there was a 30-minute glitch at the Facebook open a few weeks ago. Losses are estimated to be near $100 million.