Dow Jones and error in a billion
Sunday, May 9th, 2010Due to an error trader in one letter of the U.S. market within 15 minutes lost $ 1 trillion. It was the biggest collapse in the Dow Jones in history. Another “black Thursday” that occurred on May 6, likely will go down in history books. Within minutes the Dow Jones index fell by almost 1000 points and the S & P 500 lost just 8.6%.