The Dow goes nuts! It dropped 1000 points suddenly. CNBC is reporting it was a human error, someone entered a B instead of a M for millions. Update: CNBC (what a surprise), is full of it. There was no typo which caused the biggest DOW drop in history. Citigroup, the unnamed typoist, is fairly irritated about it too for they looked over their trades and there was no typo.
Pretty rare to see a concensus of market predictions as a headline but Bloomberg has one.
The Standard & Poor's 500 Index is poised to extend this year's 42 percent drop after a rally from last week's five-year low lasted just one day, say analysts who study charts of trading patterns and prices to forecast changes in stocks.
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