Remember What Happened May 6, 2010?

In this week’s commentary, we want to draw your attention to a significant market anniversary.  Five years ago, on May 6, 2010, the U.S. stock market experienced a “flash crash” when the Dow Jones Industrial Average plummeted nearly 1,000 points in minutes, erasing almost $1 trillion in market value.  The Dow immediately reversed itself and regained much of the lost ground that day.  The event, caused by a large institutional trading program, wast the largest single day drop in market history and caused an immediate media frenzy.

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