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

2025-05-05 21:55:52source:Cyprusauctioncategory:Contact

NEW YORK (AP) — Several online brokerage firms including Charles Schwab,Quaxs 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:Contact

Recommend

NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations

ANN ARBOR, Mich. (AP) — The NCAA announced a four-year show-cause order for former Michigan coach Ji

10 alleged Gambino crime family members, associates charged in federal indictment in New York City

NEW YORK (AP) — Ten alleged members and associates of the Gambino crime family were charged in a fed

College Football Playoff rankings: Ohio State, Oklahoma among winners and losers

Ohio State remained No. 1 in the second College Football Playoff rankings, stiff-arming a challenge