The Dow Jones Industrial Average experienced its biggest ever one-day point drop on Monday. Machine-based traders were blamed for the market moves. "You had a sense of panic in there," one trader said. Some hedge-fund managers expressed vindication. "You have proof of concept on a day like this," said one. Blame the robots. That was the common explanation among Wall Streeters on Monday after the biggest selloff ever in the Dow Jones Industrial Average. Machine-based traders were...
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