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On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a correction is overdue, despite healthy corporate earnings and economic growth.Modern trading technology, changes to the way stock exchanges operate and in the way investor funds are managed should make a repeat of the 1987 crash unlikely.If the decline happens after 3:25 p.m., trading continues.Then, concerns over the health of the Chinese economy led to panic-selling and a dearth of buyers, spurring a record intraday drop in the Dow.On that day more than 1,250 trading halts in 455 individual stocks and exchange-traded funds spawned confusion that may have compounded the problem and led to some investors getting worse prices than they otherwise would have.The safeguards in place would likely prevent another 1987-style crash from taking place, but with the Dow hitting a frothy 23,000 points for the first time ever Wednesday this week and the advent of high-speed automated trading, some traders are not so sure.
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