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21 After peaking on February 12, 2020, the Dow Jones rapidly fell into correction later that same month and into bear market territory in the next month amid the COVID-19 pandemic. 22 This was the fastest 1,000 point gain taking only 5 trading days from closing above 32,000 to close above 33,000.
[65] [66] On 21 February, stock markets worldwide closed down on the day (with the Dow Jones Industrial Average, the NASDAQ Composite, and S&P 500 closing down on the week), [67] [68] [69] while oil prices fell and yields on 10-year and 30-year U.S. Treasury securities fell to 1.45% and 1.89% respectively (with the 30-year finish being an all ...
By October 2020, more than 10 million unemployment cases had been filed in the United States, [11] swamping state-funded unemployment insurance computer systems and processes. [ 12 ] [ 13 ] The United Nations (UN) predicted in April 2020 that global unemployment would wipe out 6.7% of working hours globally in the second quarter of 2020 ...
The Dow Jones Industrial Average closed lower by 267 points on Tuesday, or 0.6%, down for its ninth-straight day. ... chunk of the recent losses on the Dow. The insurance giant has lost 18% of ...
The Dow dropped 6.9%, or 1,861 points, for its worst day since March 16. ... another 1.542 million individuals filed new unemployment insurance claims for the ... expects a steep 6.5% contraction ...
The Dow Jones Industrial Average posted its biggest loss since 2020 on Wednesday after another major retailer warned of rising cost pressures, confirming Dow drops 1,100 points for its biggest ...
The National Bureau of Economic Research declared the end of this recession over a year after the end date. [79] The Dow Jones Industrial Average finally reached its lowest point on March 9, 2009. [80] COVID-19 recession: February 2020 – April 2020 [81] [82] [83] 2 months 10 years 8 months 14.7% (April 2020) [84] −19.2% [85]
The Dow Jones Industrial Average hasn't fallen this far behind the S&P 500 in a given year since the dot -com bubble ... This also played out recently in the fallout from the 2020-2021 tech surge ...