I am sure by now everyone has heard about the 1,000 point stock market dip today. Turns out, a big part of it was an "oops":
Quote:
A human trading error at a major firm was the root cause of Thursday's sudden, 9 percent selloff in U.S. stocks, sources told CNBC.
Multiple sources said a trader entered the letter "b"-as in "billion"-when he or she meant to type "m," for "million," shortly before 2:47 p.m. New York time.
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Yeah, the problems in Greece (and probably Spain next) are to blame for the real drop today, but this sure didn't help.