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The May 6, 2010, flash crash, [1] [2] [3] also known as the crash of 2:45 or simply the flash crash, was a United States trillion-dollar [4] flash crash (a type of stock market crash) which started at 2:32 p.m. EDT and lasted for approximately 36 minutes.
Remember the flash crash? That was the 20 minutes on May 6, 2010 when the Dow lost almost 1,000 points before partially recovering. Most investors have forgotten about it.
In modern finance, a flash crash is a very rapid, deep, and volatile fall in security prices occurring within a very short time period followed by a quick recovery. [1]
The "flash crash" of May 6 was a day of reckoning of sorts for investors in exchange-traded funds. ... and 25% of all ETFs lost more than 50% in price during that 20-minute period." ...
A couple years ago, the infamous Flash Crash sent stocks tumbling, with the Dow Jones Industrials (INDEX: ^DJI) falling a thousand points in a matter of minutes before rebounding to earn back most ...
The Kennedy Slide of 1962, also known as the Flash Crash of 1962, is the term given to the stock market decline from December 1961 to June 1962 during the Presidential term of John F. Kennedy. After the market experienced decades of growth since the Wall Street crash of 1929 , the stock market peaked during the end of 1961 and plummeted during ...
Wall Street isn't alone among industries that funnel money to government officials. The financial services industry gives $500 million a year to Washington politicians and lobbyists.
The crash of the New Zealand stock market was notably long and deep, continuing its decline for an extended period after other global markets had recovered. [71] Unlike other nations, moreover, for New Zealand the effects of the October 1987 crash spilled over into its real economy, contributing to a prolonged recession.