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The decline of 20% by mid-2008 was in tandem with other stock markets across the globe. 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.
Stock futures are down, with March contracts on the Dow Jones Industrial Average trading 482 points lower to 11,624. S&P 500 futures are also down 55 points to 1,270.10 and NASDAQ-100 futures are down 72.25 points to 1,777.25. The Toronto Stock Exchange loses over 500 points during morning trading at 12,233. (MarketWatch)
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 ...
Here's why tomorrow could be a big day for the stock market. Economic data over the coming months could play a big role in determining how the market performs in the near term and in 2025.
Most long-term investors don't need to worry about these short-term events. However, investors should be prepared for volatility tomorrow because the jobs report could move the market and polling ...
Here's why tomorrow could be a big day for the stock market. Important economic data At 8:30 a.m. tomorrow, the U.S. Bureau of Labor Statistics will release its monthly nonfarm payrolls report for ...
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 ...
In other words, the stock price you see today, or even tomorrow, is less likely to be based on facts and more likely to be based on investor sentiments in that moment.