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Souk Al-Manakh stock market crash: Aug 1982 Kuwait: Black Monday: 19 Oct 1987 USA: 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 ...
The Dow Jones Industrial Average was first published ... the 2007–2008 crash was a 61.8 percent retracement thereof that began on ... 2018-12-26 22,878.45 +1,086.25 ...
The Dow Jones Industrial Average reaches 26,000 points for the first time, after surpassing the 25,000-mark on January 4. (Chicago Tribune) In a strategy claimed as "towards healthier products", Nestlé sells its United States confectionery business, number 4 on the market, to Ferrero SpA for $2.8 billion.
U.S. stocks fell on Thursday, with the Dow slumping for an eighth straight decline as industrials wobbled again on trade war concerns.
The Dow's losses amount to roughly 3%, or more than 1,500 points, in the past nine trading sessions. The index has fallen from a record close of 45,014 on Dec. 4 to 43,499 as of Tuesday's close.
All three major U.S. indexes fell more than 1 percent while the Dow and S&P 500 dropped more than 2 percent on Monday.
Despite fears of a repeat of the Great Depression, the market rallied immediately after the crash, posting a record one-day gain of 102.27 the very next day and 186.64 points on Thursday, October 22. It took only two years for the Dow to recover completely; by September 1989, the market had regained all of the value it had lost in the 1987 crash.
The Dow Jones Industrial Average was reeling by 864 points, or 2.2%, as of 11:40 a.m. Eastern time, and the Nasdaq composite slid 2.7%. The drops were just the latest in a global sell-off that ...