The Flash Crash Five Years On

Five years ago tomorrow, specifically at 2:42 pm, the stock market crashed and no one really knows why. Just as quickly as the market fell, it came back to mostly erase those gains.

Here’s what it looked like on CNBC:

The big drops stands out here:

But not so much in the long-term view:

Measuring from the close the day before the Flash Crash to yesterday’s close, the S&P 500 has gained 81.4%. The S&P 500 Total Return Index is up 101.5%.

Posted by Eddy Elfenbein on May 5th, 2015 at 11:15 am

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