n errant computer stock-trading program sent the New York Stock Exchange on a wild ride on Wednesday, flooding the market with millions of trades that sent the stocks of more than 100 major companies sharply up and down. The volatile trading revived concerns about the growing role of computerized traders, which can execute thousands of trades in the blink of an eye, exacerbating errors that humans could catch more easily. Markets quickly recovered from the snafu, but not before the NYSE was forced to halt some trading to prevent stock prices from heading to zero or shooting through the roof.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- The sexual politics of Game of Thrones just got enormously worse
- The case for killing law school
- Aereo at the Supreme Court: No matter what, broadcasters lose
- Mad Men recap: 'A Day's Work'
- 31 TV shows to watch in 2014
- Why atheism doesn't have the upper hand over religion
- He said he was leaving. She ignored him.
- The Democrats have a mega-donor problem
- 10 things you need to know today: April 21, 2014
- Putin's risky bet in eastern Ukraine
Subscribe to the Week