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Posted on 6 Apr 2011 | 17,475 views
Flash Crash on May 29, 1962

While many on Wall Street think our latest flash crash in 2010 was a bit of an anomaly, the truth is this has happened before and it was on May 29, 1962. The Dow Jones Industrial Average fell 5.7% that day, down 34.95, the second-largest point decline then on record.