It was a year ago this week that a flash crash sent ETFs into uncharted territory. Since that time asset managers and market exchanges have worked to make sure one of the most volatile days of market trading ever never happens again. On Monday morning August 24th 2015, concerns about the Chinese economy caused volatility to surge across a number of blue-chip stocks. The Dow Jones industrial average dropped over 1,000 points at one points before closing down 588 points, or 3.57% for the day. The S&P 500 finished the day 4% lower.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
























