The Dow fell over 400 points today. And some IT guy's ass is fired. From
Stocks Have Worst Day Since 9/11 Attacks:
The Dow's decline accelerated at a faster than normal pace during the afternoon after a computer glitch kept some trades from being immediately reflected in the index of 30 blue chip stocks. Dow Jones & Co., the media company which manages the flagship index, said the problem occurred after it was discovered computers were not properly calculating trades, prompting a switch to a backup computer.
The result was a massive plunge in the average in the seconds it took Dow Jones to switch to its secondary computers.
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