Story perspectives

Today in History: U.S. Stock Indices Plunge Nearly 9 Percent

5/6/2025

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Summary

Story summary

On May 6, 2010, the U.S. experienced a flash crash, where major stock indices plummeted nearly 9% within 36 minutes, starting at 2:32 p.m. EDT. This rapid decline was exacerbated by high-frequency trading strategies, which have since been banned, leading to a swift recovery in the market.

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Story summary

On May 6, 2010, the U.S. experienced a flash crash, where major stock indices plummeted nearly 9% within 36 minutes, starting at 2:32 p.m. EDT. This rapid decline was exacerbated by high-frequency trading strategies, which have since been banned, leading to a swift recovery in the market.