To the Point
Computers Take the Stock Exchange on a Wild Ride
The Dow Jones Industrial Average plunged almost 1000 points yesterday—then closed down 350—all in the last hour and a half of trading. Almost a trillion dollars of value were on the line. Was it “fat fingers,” Greek debt or computerized trading?
By Warren Olney • • 1 min readThe Dow Jones Industrial Average plunged almost 1000 points yesterday—then closed down 350—all in the last hour and a half of trading. Almost a trillion dollars of value were on the line. Was it “fat fingers,” Greek debt or computerized trading?
Are computers subject to panic? That’s one of the questions raised by yesterday’s wild fluctuations in the Down Jones Industrial Average.
