In one of the craziest 30 minutes in the history of the stock market, the Dow dropped nearly 1,000 points before the up turn. All the losses were due to a trader error.
Apparently a trader entered a "b" for billion instead of an "m" for million in a trade involving Procter & Gamble a member of the Dow.( While on air Jim Cramer noted suspicious price movement in P&G stock during the market selloff.)
Who knew the power of the B and the M on a keyboard!
Makes this blogger wonder if they have spell check!
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