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Dow plunges 1,175 -- worst point decline in history
It was the scariest day on Wall Street in years.
Stocks went into free fall on Monday, and the Dow plunged almost 1,600 points -- easily the biggest point decline in history during a trading day.
Buyers charged back in and limited the damage, but at the closing bell the Dow was still down 1,175 points, by far its worst closing point decline on record.
Further reading:
Robots are killing off Wall Street’s traders | World Finance
2010 Flash Crash - Wikipedia
High-frequency trading - Wikipedia
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