Just a few minutes ago the Dow Jones Industrial Averages dropped almost 1000 points on what I feel very confident is an error of some type. It is totally unknown at this time, but appears to be related to a Proctor and Gamble (PG) trade.
Literally, in less than 5 minutes, I have seen on Television, and been hit by news wires a dozen or so times : “Dow Down almost 1000”
Don’t bite !
There is a trade related problem which will be sorted out soon, most likely!
We will update you with greater details.
Have a good day!
JK