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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 2 February 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 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 price graph illustrating the 2020 stock market crash, showing a sharp drop in stock price, followed by a recovery. A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic ...
The market today will focus mostly on NVIDIA (Nasdaq: NVDA). The company is down 11.5% in premarket trading and is headed to the biggest one-day market capitalization loss from any company.
In addition, market participants are watching what Trump says about tariffs closely. After Trump referenced 25% tariffs on Canada and Mexico by February 1st markets […]
The S&P 500 (SNPINDEX: ^GSPC), widely viewed as a barometer for the entire U.S. stock market, has advanced 26% year to date.That puts the index on pace to return more than 20% for the second ...
Nasdaq composite: 18,082.21, up 0.04% Here's what else is going on today: Benard Arnault added $6 billion to his net worth in a day this week after China's stimulus sparked a rally in luxury stocks.
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 ...