Dow drops 416, ASX drops ?

How is the market going to react today. The DOW dropped 416 points (3.29%), with as much as 546 points during the days trading before recovering. This was the biggest days drop since the Sept. 11, 2001, terrorist attacks.

Trader Mike discusses how traders on the floor alleged bad data with "some sort of technology bottleneck was responsible".

The ASX will be looking at a similar drop based on other markets throughout the world. The NZX 50 as of 11am local time was down 3%.

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