Debt crisis, computer glitch prompt big stock market slide

05/7/2010 | Washington Post, The · Bloomberg

The Dow Jones industrial average briefly fell 9.2% Thursday as U.S. stocks posted their biggest declines in more than a year. The big sell-off was prompted by concerns over the European debt crisis that started in Greece. On top of that, computerized trades sent to electronic networks caused some stocks to drop by as much as 90% before regaining some ground. The severe value changes have prompted investigations by regulatory agencies.

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Washington Post, The · Bloomberg

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