Skip Nav
Politics
This Woman Became an Internet Sensation at Trump's Inauguration After Casually Flipping Him Off
Humor
People Are Calling Out Sean Spicer For His Press Conference Lies in These Hilarious Memes
Presidential Inauguration
Michelle Obama's Reaction to Melania Trump's Gift Is Basically Meme GOLD

Day Trader Makes a Typo, Causes Stocks To Fall

Day Trader Hits Wrong Key, Causes a Stock Frenzy

Did you follow the Dow Jones roller coaster ride yesterday? It plunged close to 1,000 points in a half hour, due to trader error. And apparently it was all caused by a typo: a trader typed a "b" for billion instead of "m" for million, causing a huge error involving Proctor & Gamble. What would have been a seemingly innocuous error in other professions that could fix the error with a backspace button caused tons of trades to occur immediately following the sharp drop. As a result, both the Nasdaq and New York Stock Exchange announced that it would cancel some trades occurring during the height of the selloff.

Given the current economic climate and tough market situation in Greece, this was a particularly scary typo. While most of us are fortunate to be in a position where one botched keystroke wouldn't have such severe consequences as bringing down the stock market, they can cause more than confusion and embarrassment.

Around The Web
Join The Conversation
MartiniLush MartiniLush 6 years
Wow, talk about a bad day at the office!!
Barack Obama Cute Moments With Sasha and Malia
Young Protestor's Mexico Wall Sign Viral Photo
Chinese Zodiac By Birthday
President Obama Reveals How Junot Díaz Helped Him Survive the White House
Sasha and Malia Obama Through the Years
President Obama Ends Wet Foot Dry Foot Policy For Cubans
HBO's Paris Attacks Documentary Trailer

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Technology & Gadgets
All the Latest From Ryan Reynolds