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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 ...
15 This was the Dow's close at the peak on October 9, 2007 before the financial crisis of 2007–2008. 16 The Dow first traded above 15,000 on Friday, May 3, 2013 but dropped back before closing that day, it then closed above 15,000 on Tuesday, May 7, 2013. 17 This was the Dow's close at the peak on May 19, 2015 before the 2015-16 stock market ...
March 4, 1877 – After only two days as president-elect and vice president-elect, Hayes becomes the 19th president and Wheeler becomes the 19th vice president; 1877 – Reconstruction ends; 1877 – Nez Perce War; 1878 – Bland–Allison Act; 1878 – Morgan silver dollars first minted; 1879 – Thomas Edison creates first commercially viable ...
In the year since its record closure of 1,565.15 in October 2007, the index fell by over 50% to 752.44 on November 20, 2008, its lowest point since March 1997. [10] Closing the year at 903.25—a yearly loss of 38.5%—the index continued to decline in the first quarter of 2009, with the 2007-2009 bear market reaching a trough of 666 on March 6 ...
March 11: The Tribute in Light memorial is unveiled and lit up every day for the next month. It has since been lit up every September 11. The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff. 2003 January 24: Four teenage boys drown in the Long Island Sound near City Island when their overloaded dinghy sinks.
These timelines of world history detail recorded events since the creation of writing roughly 5000 years ago to the present day. For events from c. 3200 BC – c. 500 see: Timeline of ancient history; For events from c. 500 – c. 1499, see: Timeline of post-classical history; For events from c. 1500, see: Timelines of modern history; Timeline ...
The men, women and children worked in family teams 10 hours a day in a tightly enclosed environment filled with dust and fiber. Large numbers of people laboring in close quarters was the ideal settings for the rapid spread of diseases including the common cold, bronchitis, pneumonia and tuberculosis. The also suffered hearing loss and fatigue.
Worst industrial accident in American history. 1908 – Ford Model T appears on the market; 1908 – Root–Takahira Agreement; 1908 – Federal Bureau of Investigation established; 1908 – Aldrich–Vreeland Act; 1908 – U.S. presidential election: William Howard Taft elected president; James S. Sherman vice president.