Discord bot encounters RuntimeError: no running event loop while initiating asyncio coroutine task

Other Questions Discord bot
1

I’m developing a Discord bot that regularly fetches stock prices and publishes them to different channels. Everything works properly except that I run into a RuntimeError when trying to start my scheduled task. The error states there’s no running event loop.

Here is my scheduled task that runs daily:

@tasks.loop(hours=24)
async def daily_stock_update():
    url = "https://finance.yahoo.com/quote/^QMI"
    response = requests.get(url)
    soup = BeautifulSoup(response.text, "html.parser")
    stock_info = ""
    try:
        current_price = soup.find_all("div", {"class":"My(6px) Pos(r) smartphone_Mt(6px)"})[0].find_all("span")[0]
        price_change = soup.find_all("div", {"class":"My(6px) Pos(r) smartphone_Mt(6px)"})[0].find_all("span")[1]
        stock_info = f"NASDAQ Pre Market: {current_price.text}, Change: {price_change.text}"
    except:
        stock_info = "No information available"
    
    for guild in bot.guilds:
        for channel in guild.channels:
            try:
                news_embed = get_market_news()
                await channel.send(embed=news_embed)
                await channel.send(stock_info)
            except Exception:
                continue

The error I encounter is:

File "D:\Path\to\bot.py", line 173, in <module>
  daily_stock_update.start()
File "C:\Path\to\venv\Lib\site-packages\discord\ext\tasks\__init__.py", line 398, in start
  self._task = asyncio.create_task(self._loop(*args, **kwargs))
RuntimeError: no running event loop

What can I do to resolve this event loop problem? The task is supposed to activate automatically when the bot starts.

2

You’re calling daily_stock_update.start() before the bot’s event loop is running. Discord.py needs its event loop established first before creating any async tasks. Move your task initialization inside the on_ready event handler instead of at module level. Here’s what worked for me:

@bot.event
async def on_ready():
    print(f'{bot.user} has connected to Discord!')
    if not daily_stock_update.is_running():
        daily_stock_update.start()

The is_running() check prevents the task from starting multiple times if the bot reconnects. This way, the event loop’s already running when you start your scheduled task. I experienced the same RuntimeError when I tried starting tasks before calling bot.run().

3

You’re calling daily_stock_update.start() before Discord.py sets up its event loop. No active loop means the coroutine can’t be created. I ran into this same issue with a crypto price tracker bot. You need to start your task after the bot connects and its event loop is running. Since bot.run() blocks everything after it, on_ready is your best bet. If you need more control over timing, use asyncio.create_task() inside an async function. Just remember Discord.py handles its own event loop, so all your async stuff has to work within that.

4

Had this exact issue last week! You’re trying to start the task before discord.py sets up its event loop. Just wrap your start() call in the on_ready event and ur good to go. Also, add a delay between channels when sending - Discord will rate limit ya if you spam every channel at once.