Dow Jones Industrial Average | Stock Market Crash By Trading Error? - It looks like this afternoon the Dow Jones Industrial Average (DJIA) took a big plunge that made people go into a little panic. The DJIA was down more than 9 percent (or 996 points to one) but there was a quick recovery shortly after.

Supposedly, this was one of the biggest intraday losses since the stock market crash in 1987. If you noticed, this huge plunge recovered pretty quickly and the reports that are coming out is saying it was due to a stock market trading error.

According to CNBC, Citigroup trading error is what caused the huge drop and panic in Dow Jones. Supposedly, after the market close a trader input a “billion” but instead he was supposed to put in a “million.” This simple slip of a fat finger caused the entire stock market world to going into havoc and panic.

The Dow was just being celebrated a few weeks ago when it returned to the 11,000 level but this Thursday afternoon was down all the way down between 500 and 900 points. All the major markets were bleeding with percentage declines over 3 percent.

Well, the stock market is a gamble and I’m sure those who are invested had their breath taken away from this trading error/stock market crash.