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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 ...
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WLKY (channel 32) is a television station in Louisville, Kentucky, United States, affiliated with CBS.The station is owned by Hearst Television, and maintains studios on Mellwood Avenue (near I-71) in the Clifton Heights section on Louisville's east side; its transmitter is located in rural northeastern Floyd County, Indiana (northeast of Floyds Knobs).
Does the market always come back? Investors in the Nikkei 225 are still wondering. On Dec. 29, 1989, the Japanese analogue to the Dow Jones Industrial Average reached an all-time intraday high of.
On this day in economic and financial history... For 25 years, the Dow Jones Industrial Average (INDEX: ^DJI) looked up at 381 points, an all-time high set at the start of September 1929. For 25 ...
Another commonly accepted indicator of the end of a bear market is indices gaining 20% or more from their low. [16] [17] From 1926 to 2014, the average duration of a bear market was 13 months, accompanied by an average cumulative loss of 30%. Annualized declines for bear markets ranged from −19.7% to −47%. [18]
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The station was profitable within months and unexpectedly respectable, matching then-ABC affiliate WLKY (channel 32) in the ratings, even without a local news department. General manager Elmer Jaspan credited the station's immediate success to a strong signal, programming, and the fact that the Louisville market already had a commercial UHF ...