MercoPress, en Español

Montevideo, May 22nd 2018 - 02:24 UTC

Tag: NYSE

  • Friday, February 9th 2018 - 09:56 UTC

    As Dow Jones plunges 10% points, fears of a bear market and ripples effects on the economy

    Dow and S&P 500 are down more than 10% from their all-time highs, passing the psychological barrier known as “correction” for the first time in two years.

    The United States Dow Jones industrial average nosedived more than 1,000 points on Thursday, registering another eye-popping loss for the closely-followed index, as wild trading and fears of rising interest rates around the world took hold of traders. The Dow as well as the S&P 500, a broader stock index, are now down more than 10% from their all-time highs, passing an important psychological barrier known as a “correction” for the first time in two years.

  • Wednesday, February 7th 2018 - 08:44 UTC

    Algorithmic trading accelerated Black Monday markets plunge, speculate analysts

    Such automated trading almost certainly accelerated the sell-off on Monday, which saw the Dow Jones Industrial Average crashing 800 points in ten minutes.

    Robot trading has accelerated this week's market dive and may have sparked the sell-off, experts say. Financial firms use computers programmed with complex sets of instructions known as algorithms, which identify trading opportunities and then strike faster than any human could.