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05-06-2010, 06:55 PM #1
Computer glitch may have caused Wall Street tumble
NEW YORK (AP) -- A computerized selloff possibly caused by a simple typographical error triggered one of the most turbulent days in Wall Street history Thursday and sent the Dow Jones industrials to a loss of almost 1,000 points, nearly a tenth of their value, in less than half an hour. It was the biggest drop ever during a trading day.
Continued:
http://finance.yahoo.com/news/Stocks...84148.html?x=0
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05-06-2010 06:55 PM # ADS
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05-06-2010, 07:09 PM #2
Oops - and I think it's a big deal if I double post...
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05-06-2010, 07:16 PM #3
I was at lunch when the tumbling started, it was pretty impressive to see the DOW drop like a rock, glad to see it had recovered some after getting home.
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