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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.58-0.3%Jan 7 4:00 PM EST

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From: Paul Kern5/6/2010 3:59:52 PM
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Sources: Trading Error At Major Firm Blamed For Market Plunge-CNBC

Last update: 5/6/2010 3:55:46 PM
DOW JONES NEWSWIRES

A human trading error at a "major firm" is to blame for the huge plunge the stock market suffered Thursday afternoon, CNBC reported, citing several sources.

Fox Business Network, meanwhile, cited sources that said a bad trade caused Procter & Gamble's stock to drop so dramatically Thursday afternoon. The New York Stock Exchange reported no system error, according to CNBC.

Websites: www.cnbc.com
www.foxbusiness.com
-Dow Jones Newswires; 212-416-2900
(END) Dow Jones Newswires
May 06, 2010 15:55 ET (19:55 GMT)
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