An automated stock-trading program accidentally flooded the market with millions of trades Wednesday morning, spreading turmoil across Wall Street and drawing renewed attention to the fragility and instability of the nation's stock markets. While the markets quickly recovered, it was the latest black eye for the financial markets and suggests that regulators have not been able to curb the market disruptions that have led to frequent halts in trading and wild swings in shares. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.