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The decline of 20% by mid-2008 was in tandem with other stock markets across the globe. On September 29, 2008, the DJIA had a record-breaking drop of 777.68 with a close at 10,365.45. The DJIA hit a market low of 6,469.95 on March 6, 2009, having lost over 54% of its value since the October 9, 2007 high.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
Stock futures are down, with March contracts on the Dow Jones Industrial Average trading 482 points lower to 11,624. S&P 500 futures are also down 55 points to 1,270.10 and NASDAQ-100 futures are down 72.25 points to 1,777.25. The Toronto Stock Exchange loses over 500 points during morning trading at 12,233. (MarketWatch)
Stock markets plunged as the bankruptcy of Lehman Brothers and the seizure and sale of Washington Mutual's banking. Alamy Five years ago this month, the U.S. financial system began a downward ...
The Dow Jones Industrial Average increases by 935 points or 11.1 percent as stock markets around the world respond positively to steps to relieve the economic crisis of 2008. (New York Times) Summer 2008 California wildfires. A second wildfire breaks out in the hills above Los Angeles' San Fernando Valley prompting mandatory evacuations. (AP ...
Michael Burry, played by Christian Bale in the movie ‘The Big Short’, is putting his money on another financial disaster
Indexes closed lower in the first trading day of the year on Thursday. The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more ...
October 14, 2008: Having been suspended for three successive trading days (October 9, 10 and 13), the Icelandic stock market reopened on October 14, with the main index, the OMX Iceland 15, closing at 678.4, which was about 77% lower than the 3,004.6 at the close on October 8, after the value of the three big banks, which had formed 73.2% of ...