S&P 500 · June 10, 2010
China's exports came in strong
+2.95%
single-day change vs previous close
Part of a longer stretch
Europe's crisis and the flash crash
near the end of it · 2010-04-23 → 2010-07-02, -15.99% over the whole period
What happened that day?
- On 10 June 2010 the S&P 500 rose 2.95%
- Chinese export data that day came in well above forecast
- The fear had been that Europe's crisis was collapsing world demand. That fear eased
- US jobless claims also fell around the same time
- The market alternated between European headlines and economic data, on a scale of days
- No single trigger can be pinned to this day
- In this stretch the index was 15.99% below its peak
Sources
Every figure on this page is recomputed from the original daily closing prices and checked against them at build time. The account of what happened is written from the sources listed above.