Some Schwab customers having log-in difficulties during global markets sell-off

"Due to a technical issue, some clients may have difficulty logging in to Schwab platforms," the firm said in a post on its X social media account.

JimMin JimMin
Aug 5, 2024 - 21:06
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Some Schwab customers having log-in difficulties during global markets sell-off

Pedestrians walk by a sign posted outside of a Charles Schwab office on April 17, 2023 in San Francisco, California.

Justin Sullivan | Getty Images

Brokerage firm Charles Schwab is having technical issues on Monday in the middle of a steep sell-off for global equities.

"Due to a technical issue, some clients may have difficulty logging in to Schwab platforms," the firm said in a post on its X social media account. "Please accept our apologies as our teams work to resolve the issue as quickly as possible. Hold times may be longer than usual."

Some users were reporting on social media about issues getting into their accounts. The Dow was last down about 1,000 points.

Schwab was not the only brokerage firm with social media complaints on Monday. The X account for Fidelity Investments responded to some of those complaints, saying that issues logging in to its platform have been resolved.

CNBC is reaching out to other companies to see if they are having issues.