Sell-offs could be down to machines that control 80% of the US stock market, fund manager says – CNBC

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CNBC

Sell-offs could be down to machines that control 80% of the US stock market, fund manager says
CNBC
Eighty percent of the daily moves in U.S. stocks are machine-led, a fund manager told CNBC on Wednesday. The phenomenon, also called algorithm or algo trading, refers to market transactions that use advanced mathematical models to make high-speed …