After the market closed, NYSE chief operating officer Larry Leibowitz said, they together with other major stock exchanges will holding a conference call with the SEC( Securities and Exchange Commission) to discuss what happened, Accounting to AP.
Some reports came out after the market closed said, a trader mistyped an order to sell a large amount of stock. The drop of that stock trigger "sell" orders across the market.
A lot of Wall St.'s trading activities now without any human involved. Some may say, programming trading is the future, and not only will be the future but is already present. I was on that opinion also until today. The future of the capital market is artificial intelligence trading which involve super computers, mass market dates,
out for dinner.....later....
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