Stock Market Takes a Plunge

May 6, 2010

Stocks took a major plunge today, at one point dipping more than 900 points before rallying back strongly.

The plunge was so steep (almost 9 percent) that it almost triggered a halt in trading as mandated by current New York Stock Exchange rules. The rules halting trading have often been questioned by free-market advocates who argue that plunge protection and free markets are incompatible.  [read more]