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News Link • Economy - Economics USA

Utility Stocks Flash Crash At The Opening Bell

• Business Insider

Both companies are in the S&P 500, and the flash crash brought the utilities sub-sector of the index down nearly 8% overall.

The massive moves resulted in a trading halt in shares of both companies.

Now, AEP is only down 1.5%, and NEE is down 1.8%.

The charts below, via Nanex, show how the two stocks completely melted down over the course of only two seconds.

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