The Goddess Shines on America

Chapter 327: , The 1st of nightmare

   Jordan will never forget today.

   Facts have proved that due to the subsequent impact of a single-day drop of 100 points on Friday, when the global stock market opened again on Monday, the Asia-Pacific stock market fell tragically.

  As of the close, Hong Kong stocks fell 42o points throughout the day, the Hang Seng Index plummeted 10%, and the index futures in each month fell above the 3oo point limit. In the early morning of the second day in the East Eight District, the Hong Kong Stock Exchange announced that they would historically suspend the stock market and futures market for four days during the period from October 2 to October 23 in order to clean up a large number of The settlement has not been completed.

   Although Sydney opened smoothly, it did not escape the catastrophe in the end. The price index of all common stocks fell by about 8o points. But before the sound of the opening gong on the Tokyo Stock Exchange, stock prices plummeted. The Nikkei 225 index fell by 62o points, a drop of as much as 149.

   Furthermore, as rounds of sunrise continued to rise across the horizon, losses in the East also flooded into the Western Hemisphere. Paris, Frankfurt, Stockholm, Milan, Amsterdam and other stock markets all fell in varying degrees of 6 to 11, forming shock waves in stock markets around the world. When this wave finally rushed to New York, how many financial media did not even have time to make detailed reports. When the market opened, many people did not even know the situation in the past twelve hours and their impact on US stocks. The impact.

   Jordan is very thankful that he sold all his personal stocks before eleven o'clock.

  First, since many stocks after the opening of the market are not traded at all, the Dow Jones Industrial Average cannot truly reflect the actual market price at all, and the entire market is in a state of disorder. The trading volume is constantly being refreshed and the computer trading system is slowing down. The accurate figures of Dow Jones and S&P 5oo can’t be calculated at all. It can only be driven by the mutual drive of the stock market and the futures market, allowing the stock price and futures index to fall faster and faster. But the volume of transactions is still soaring.

According to the data that everyone obtained later, during the period from 11 am to 11:50 am alone, the stock market traded as high as 930,000 shares, while the index futures trading volume at noon was equivalent to 70 million shares. It is 90 million shares. Countless large institutions traded in large numbers in the two markets, pushing this disaster to the culmination. The computer system of the New York Stock Exchange also fell into a paralyzed state on this day.

   is too much. Although the exchange is equipped with two hundred computers, their system has never processed such a huge transaction. When stock trading data flooded into the computer, they could hardly be processed, and when the sell orders swarmed in, the processing of the information system lags far behind!

   There was a radio broadcast on the entire bank's high-rise building at noon, and it came again at noon. According to the "reliable information" in their mouths, as of noon, the designated instruction conversion system in the NYSE computer system had been delayed for 75 minutes. Moreover, because of its lack of system capacity, of the 39.6 billion orders that were passed to it that day, a full 1.2 billion shares were not executed!

   The terrible situation certainly attracted the attention of the government, so when the US Securities and Exchange Commission announced at one o’clock in the afternoon that the exchange might be closed, Jordan was not surprised at all. Those bureaucrats, no matter when the actual actions will be implemented, no matter what happens after the implementation, they still have to do this kind of thing, otherwise they will definitely fall into the truth and be criticized for improper handling.

   In fact, Jordan later recalled that this was actually just a rumor, at least when everyone at the Rothschild Bank learned about it, it was notified by the **** of the New York Herald on the phone. is true? Still fake? Jordan didn't have the energy to confirm it, but the news was apparently out of nowhere, and he thought it was flooding in many places.

   So, because of their announcement, the entire stock market suddenly fell into a worse situation!

   You must know that once the exchange is closed, traders will not have time to throw away their stocks in the future, their stocks will be worthless, and thousands of dollars will be reduced to ashes. Therefore, they have to "dump stocks" quickly, and this will bring an infinite burden to the exchange computers that have almost crashed!

Since that **** announcement, the Jones Industrial Average has slumped like a demon. By 2 o’clock in the afternoon, it had fallen 25o points, and the number of stocks changed hands was as high as 400 million shares. The computer is more than the actual trading degree. It was exactly 1oo minutes behind. Such a high transaction volume, such an astonishing decline, plus that damn

The computer is getting more and more delayed, and the follow-up results are even more predictable.

   And just at this moment, the Securities and Exchange Commission of Na Teme appeared again to clarify, saying that they did not discuss the matter of closing the exchange.

   A group of hindsight!

   Jordan clearly remembered how the colleagues around him looked like when the news on the wall-mounted TV in the office finished saying this. They are cursing, they are slamming the cup hard, or cursing the official with the most vicious words approaching the limit of human imagination.

   Because everything is too late.

   For the stock market, every minute is extremely important, let alone an entire hour?

   Of course, there was a slight backlash, after all, the official denied that statement. At 14:05, the Dow rose by 35o points and successfully surpassed 2ooo points. When the colleagues saw this gratifying situation, a phone call was immediately dialed to countless customers of the bank, all of them were persuading them to buy the stocks back quickly. After all, for this group of traders, the commission for each order can be used to buy a high-end suit, or even a Rolex watch!

   But the disaster can no longer be contained. The rebound only lasted for a moment, and the futures market’s reaction was basically the same. When Jordan and Jimmy saw the subsequent changes, they didn't know whether they should feel fortunate that they did not act rashly or exchange their short positions back to full positions, or they should worry about the stock market that has become worse.

   Just before 14:30, the stock price trend seemed to show signs of improvement, but this rebound was immediately severely blocked, and a new round of downtrend was formed here. At this time, there was only more than an hour left before the close, but in this short and long time, in this kind of solidified air, the Dow Jones Industrial Average fell again by 25o points, changing hands as high as 2 Billion shares. It was not until the market closed at 16:00 that the dive was forced to stop.

   Bullshit, Jordan thought to himself, it’s all closed, but isn’t the diving over?

   is the day, the Dow Jones fell by 5,832 points, from point to point, a drop of 226, setting a record for a single-day decline since 1941. Equivalent to France's annual gross national product, the face value of a full US$ 503 billion of stocks vanished in one day. On that day, of the 16oo stocks listed on the New York Stock Exchange, only 52 stocks rose, and all the others fell. Among them, 1192 stocks fell to their lowest level in 52 weeks.

   Even many representative blue-chip stocks are doomed. General Electric Company fell 331, Telegraph and Telephone Company fell 295, Coca-Cola Company fell 365, Westinghouse Company fell 458, American Express Company fell 388, and Boeing Company fell 299. When the 2o day arrived, the New York Times even listed a series of celebrity investors who suffered heavy losses.

First, the world's rich, Wal-Mart founder Sam Walton, lost 2.1 billion US dollars in stocks on this day, and Microsoft's young founder and chairman, billionaire Bill Gates, lost a full 394.5 billion US dollars. Wang An, the computer king, lost US$310,000 in the afternoon of the 19th. Millionaires become poor overnight, but the hardest thing is those retail investors who rely on their accumulated blood and sweat over the years to invest in stocks.

"Oh, God……"

   On the afternoon of October 20th, in an ordinary high-rise apartment building in Queens, New York, Haripness lay on his back on the bed and let out a heartfelt sigh.

   "Why am I so obedient and withdraw all the money a week in advance?"

   At this time, he was looking at newspapers, all kinds of newspapers by the lamp beside the bed. From the Wall Street Journal to the New York Times, from the New York Herald to the Washington Post, and even the Los Angeles Daily and Seattle Daily, which arrived at high prices not far away. There is no doubt that every newspaper has financial news as the cover of the day, and all reports and comments on the terrible situation of yesterday~lightnovelpub.net~ However, the stock of Microsoft has really fallen. Although the company’s total market value is not the same thing as the value at hand..."

   Muttering so, Harry opened the Silicon Valley Weekly, which was also mailed from the West Coast.

   He just received it ten minutes ago.

   This weekly magazine happens to be typeset and printed every Tuesday in the early hours of the morning, so it can just record the events of the whole day yesterday, and then after a journey of nearly ten hours, it happened to be mailed to Harry on the east coast.

  The cover and Harry expected

The same is the tragic sight of the Nasdaq Stock Exchange. I don’t know how many Silicon Valley companies are listed here. For now, the storm that has swept the world has not let it go.

   But the content that attracted him the most was not the prosperous numbers on the cover, but the three letters in bold font that highlighted the existence and their titles.

   Lucky Cisco po, the unknown prophet of King Alice?

   Harry laughed blankly. He knew the psychology of these media guys too well. What an unknown prophet is just relying on the title party to attract attention, he can think of the specific content with his toes. Don’t forget, it’s only Tuesday today. It was just born yesterday. The article could only be written before the evening shift. Could it be that at this time, the Silicon Valley reporters had interviewed the genius Miss Alice?

   Harry thought to himself, this is really underestimating the people's IQ. To be continued.