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The May 6, 2010, flash crash, [1] [2] [3] also known as the crash of 2:45 or simply the flash crash, was a United States trillion-dollar [4] flash crash (a type of stock market crash) which started at 2:32 p.m. EDT and lasted for approximately 36 minutes.
Remember the flash crash? That was the 20 minutes on May 6, 2010 when the Dow lost almost 1,000 points before partially recovering. Most investors have forgotten about it.
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Prior to the Flash Crash, investors were feeling residual nerves from the market meltdowns in 2008 and 2009; May 6 only deepened that nervousness. "They're very upset and many of them suffered big ...
Examples of flash crashes that have occurred: May 6, 2010, flash crash; April 23, 2013, flash crash; Frankenshock, [3] or Flash Crash Swiss Franc on January 15, 2015 [4] Flash Crash of the British Pound on October 6, 2016 [5] Flash Crash of Japanese Yen on January 2, 2019 [6] [7] Flash Crash of European Stock Markets on May 2, 2022. [8] [9]
The California state elections, November 2010 were held on November 2, 2010. [ 2 ] On a year marked by a strong Republican wave nationwide, the State of California elected Democrats to the state's top offices of Governor , Lieutenant Governor , State Controller , State Treasurer , Superintendent of Public Education , Insurance Commissioner and ...
Washington is finely attuned to the public expectation that it needs to do something about the May 6 "flash crash" -- when the Dow fell almost 1,000 points within about 15 minutes, and then ...
January 27, 2010: President Obama declared on "the markets are now stabilized, and we've recovered most of the money we spent on the banks". [201] First quarter 2010: Delinquency rates in the United States peaked at 11.54%. [202] April 15, 2010: U.S. Senate introduced bill S.3217, Restoring American Financial Stability Act of 2010. [203]