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2024 China stock market crash 2 Feb 2024 China: The Shanghai Composite Index plummeted from a high of 3703 in September 2021 to 2730 on February 2, 2024, marking a 26.3% decline ahead of the Chinese New Year. The government swiftly intervened in the stock market following the crash by prohibiting short selling and reshuffling government officials.
The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012. [2] In contrast, in the five years prior to 2008, only 10 banks failed. [ 2 ] [ 3 ] At the end of 2022, the US banking industry had a total of about $620 billion in unrealized losses as a result of investments weakened by rising interest rates.
By the end of the year the index closed 70 of the year's 252 trading days at new record closing prices, the second highest to date behind the 77 recorded in 1995. [46] 2021 also marked the first year since 2005 when the S&P 500 beat the other two closely watched U.S. stock indices: the Dow Jones Industrial Average and the Nasdaq Composite. [47]
Five of the Nasdaq’s 15 worst days ever came between April 2000 and January 2001. On April 14, 2000 the index fell by nearly 10 percent, its second-biggest single-day decline ever at the time.
Here are the worst-performing stocks in the Nasdaq-100 so far this year: Company. Stock Price Decrease. Moderna (NASDAQ: MRNA) ... 34 unique things to do on New Year's Eve to ring in 2025.
With Friday's losses, the S&P 500 fell 19.4% in 2022, its largest calendar-year decline since a 38% drop in 2008. Closing at 3,839.50 on Friday, the S&P 500 now stands at the same level as March 2021.
January 2008: U.S. stocks had the worst January since 2000 over concerns about the exposure of companies that issue bond insurance. [114] February 13, 2008: The Economic Stimulus Act of 2008 was enacted, which included a tax rebate. [115] [116] February 22, 2008: The nationalisation of Northern Rock was completed. [100]
Stocks slipped on Friday to end a brutal 2022 with a whimper, as Wall Street wrapped up its worst year since 2008 on a sour note. Stocks fall to end Wall Street's worst year since 2008, S&P 500 ...