Thursday, July 09, 2015

The Stock Market Bell Rings, Computers Fail, Wall Street Cringes - The New York Times

Perhaps a good week to be in the software testing business; also see Stephen Colbert Is Pretty Freaked Out About the NYSE Crash (Re/code)
"The disruption nonetheless rattled investors, who already had reason to be on edge, considering the Greek debt crisis and an overnight market rout in China. The benchmark Standard & Poor’s index of 500 stocks ended the day down 1.7 percent. 
Wednesday provided other reminders of the fragility of automated systems that are doing jobs people once handled. An apparently unrelated technical problem grounded United Airlines flights for nearly two hours on Wednesday morning. The homepage of The Wall Street Journal was also down for part of Wednesday."
The Stock Market Bell Rings, Computers Fail, Wall Street Cringes - The New York Times

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