On May 6, 2010, the "__________" occurred, when stocks on the New York Stock Exchange declined by more than 9 percent on average before reversing and recovering most of those losses on that same day. Much of the trading occurred within a half hour.
A)credit default crisis
B)swap crisis
C)specialist crash
D)flash crash

Question

Quizplus · Accepted Answer

The event described is known as the "Flash Crash" of May 6, 2010, where a rapid, deep, and volatile fall in stock prices occurred within an extremely short period, followed by a quick recovery.

On May 6, 2010, the "__________" Occurred, When Stocks on the New