Overview
- Fidelity's online, mobile, and Active Trader Pro platforms experienced widespread disruptions during Monday morning's market rally.
- The S&P 500 surged over 2.5% by mid-morning, driven by optimism following a U.S.-China trade breakthrough involving temporary tariff cuts.
- More than 3,000 user complaints were reported by 10 a.m. ET, with the majority citing login issues, according to outage tracker Down Detector.
- Fidelity announced early Monday afternoon that the technical issues had been resolved and apologized for the inconvenience caused to customers.
- The outage highlights ongoing challenges for brokerage platforms in maintaining infrastructure resilience during periods of high trading volume and market volatility.