Fat finger error!
DOW plunged 999 points last Thursday, explanations started coming fast and furious.
It was a “fat finger error!.” Some idiot typed “billion” into a sell order when he meant “million”!
But the real reason is that the panic caused people stopped buying stocks for approximately fifteen minutes and the only group out there were sellers.
source: businessinsider.com
UPDATE: Who is to blame?
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