Flash Crash: When AI Trading Breaks Wall Street (4 Cases)
Ninety-nine percent of market history is boring. The other one percent is why circuit breakers exist. On May 6, 2010, the Dow Jones fell about 1,000 points in minutes, erased roughly a trillion dollars in paper value and snapped back before lunch. Traders described screens showing blue-chip stocks quoted at a penny. Regulators needed months