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On September 29, 2008, the DJIA had a record-breaking drop of 777.68 with a close at 10,365.45. The DJIA hit a market low of 6,469.95 on March 6, 2009, having lost over 54% of its value since the October 9, 2007 high [ 6 ] [ 7 ] The bear market reversed course on March 9, 2009, as the DJIA rebounded more than 20% from its low to 7924.56 after a ...
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 ...
Dow Jones Industrial Average 1970–2022. ... the 2007–2008 crash was a 61.8 percent retracement thereof that began on October 11, 2007, ...
If you pay even the slightest bit of attention to the stock market, you will have heard by now that the Dow Jones Industrial Average finally beat its October 2007 all-time nominal high this week ...
October 6–10, 2008: From October 6–10, 2008, the Dow Jones Industrial Average (DJIA) closed lower in all five sessions. Volume levels were record-breaking. The DJIA fell 1,874.19 points, or 18.2%, in its worst weekly decline ever on both a points and percentage basis. The S&P 500 fell more than 20%. [151]
Oct. 13, 2008: Details of the new TARP and simultaneous news of bailout programs in 16 European nations send the Dow to its largest one-day point gain in its history. The Dow closes at 9,387.61 ...
Dow Jones Industrial Average Jan 2006 - Nov 2008. Beginning with bankruptcy of Lehman Brothers at midnight Monday, September 15, 2008, the financial crisis entered an acute phase marked by failures of prominent American and European banks and efforts by the American and European governments to rescue distressed financial institutions, in the United States by passage of the Emergency Economic ...
Three years ago, on March 9, 2009, the Dow Jones Industrial Average (INDEX: ^DJI) and the S&P 500 (INDEX: ^IXIC) both had a terrible, horrible, no-good, very bad day. Not only did both indexes dip ...