Tag Archives: capitulation

May 6 2010 Stock Market Flash Crash DJIA Down 998 Points Intraday

Flash Crash 2:45 PM EST on may 6, 2010 sent the DJIA down over 998 points intraday. It was the wildest fifteen minutes everĀ in the history of the US stock markets.

The major stock market indexes dropped by over 9% (7% declining in 15 minutes time) due to high frequency trading.

At one point $1 trillion USD [$1,000,000,000,000] in market value disappeared.

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