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ETF Holders Not Celebrating Flash Crash Anniversary

May 30, 2023
in Trade Tube
Reading Time: 1 min read
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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.

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