Stock market?

[IHateMyJob2004]

OK, market gets killed on Tuesday.

Decent recovery Wednesday

Destroyed a the open today and mid-day today it's mostly recovered?

What caused today's drop?

Drom what I understand about Tuesday, some nasdaq computer that calcs the value of the Nasdaq composite crashed. Then a backup system crashed when to many simultaneous logins were attempted. Tehn people paniced, causing lag with online brokers (and more crashes) which caused more panic and tuesday's drop.

Now, what caused hte drop i nteh AM today?

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Please use the current stock market thread

Anandtech Moderator

 

[bennylong]

It's called a correction, long overdue.

 

[leftyman]

buy gold.

 

[j00fek]

Originally posted by: bennylong
It's called a correction, long overdue.

 

[FoBoT]

stop watching it

 

[IceBergSLiM]

steak and cheese