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Dow Jones Plunge Fueled by Overwhelmed Computers

Posted by ryuzaki0 on from the sure-always-blame-the-it-guys dept.

cloudscout writes "The Dow Jones Industrial Average dropped over 400 points today. While there were various valid financial reasons for such a decline, some of the blame is being placed on computer systems that couldn't keep up with the abnormally high volume at the New York Stock Exchange and the resulting tremor as they switched over to a backup system."

1 of 215 comments (clear)

  1. I smell conspiracy by DJ+Jones · · Score: 0, Troll
    Seriously, A computer glitch? Or a convenient computer malfunction that halted trades just long enough for certain investors to pull out before the plunge...