Suddenly late at night! Buffett's "Berkshire" plunged 99%. What happened?
Just now, a number of U.S. stock companies experienced trading abnormalities. Berkshire, Bank of Montreal, Barrick Gold and other stocks fell by more than 98%, and the market remained motionless.
According to reports, the reason was technical problems on the New York Stock Exchange, which caused huge and abnormal fluctuations in many stocks. This is actually not the first time that the U.S. stock market has malfunctioned. Just last Thursday, the S&P 500 Index and the Dow Jones Industrial Average suddenly stopped real-time quotations, which lasted for nearly 80 minutes. However, individual stock trading was not affected, minimizing the impact. disruption to traders
1. It is obviously man-made. How could it take so long for such a mature market to have backup systems even if there are technical problems?
2. Electronic securities trading in the United States has only been around for a few years! In the past, it was all about bidding!
3. Do you think this is a rehearsal for robbery? When there is a fatal crisis in the U.S. dollar, it will directly swallow up your funds in the United States.