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Machines take the blame as US stock market sells off


  • Markets
  • Friday, 12 Oct 2018

NEW YORK: Investors searching for perpetrators and victims in this week's U.S. stock market selloff pointed to a familiar source: number-crunching fund managers and machines.

The benchmark U.S. S&P 500 stock index marked its biggest one-day fall since February and added to those losses on Thursday.

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