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DJIA33203.58 points with a0.43%▲
S&P 5004183.03 points with a0.67%▲
Nasdaq12553.75 points with a0.14%▲
U.S. 10 Yr25/32 Yieldwith a2.940%▲
Crude Oil103.09 points with a1.98%▼
Euro1.0518 points with a0.10%▲
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CITIGROUP SALES HIT EUROPEAN STOCK MARKETS WITH ‘FLASH CRASH’
SHARES TUMBLE ACROSS THE REGION BEFORE PARTLY RECOVERING
THE TRADING FLOOR OF THE AMSTERDAM STOCK EXCHANGE, WHICH IS OPERATED BY
EURONEXT.
Photo: Yuriko Nakao/Bloomberg News
By
Anna Hirtenstein and
David Benoit
Updated May 2, 2022 8:02 pm ET
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Several European stock markets suffered a “flash crash” on Monday morning
following sell orders by Citigroup Inc., according to people familiar with the
matter.
Trading was halted momentarily in several markets after major stock indexes
plunged for a few minutes just before 10 a.m. Central European time. Stocks in
the Nordic region were hit the hardest, though other European stocks also
tumbled briefly on a day when share prices around the globe declined.
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