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Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...
The 1973–1974 stock market crash caused a bear market between January 1973 and December 1974. Affecting all the major stock markets in the world, particularly the United Kingdom, [ 1 ] it was one of the worst stock market downturns since the Great Depression , the other being the financial crisis of 2007–2008 . [ 2 ]
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The S&P 500 peaked for the year at 4,796 on its January 3, 2022 close, before declining 25% to its low for the year in October 2022. [11] [12] In the first 6 months of 2022, the S&P 500 fell 21%, the worst 6-month start to a year since 1970. [13] [14] On September 13, 2022, the S&P 500 declined by 4.32% in its largest single-day drop since June ...
Let’s not sugarcoat things. It’s been a terrible year for stock market investors. Stocks are in the midst of their worst crash since the 2008 financial crisis. The S&P 500 is down about 25% ...
How to handle a bear market whether you’re in your 20s or already retired.
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. [6] [7] The bear market reversed course on March 9, 2009, as the DJIA rebounded more than 20% from its low to 7924.56 after a mere three weeks of gains. [8]
On this day in economic and financial history... For 25 years, the Dow Jones Industrial Average (INDEX: ^DJI) looked up at 381 points, an all-time high set at the start of September 1929. For 25 ...