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The 2015–2016 stock market selloff was the period of decline in the value of stock prices globally that occurred between June 2015 to June 2016. It included the 2015–2016 Chinese stock market turbulence, in which the SSE Composite Index fell 43% in just over two months between June 2015 and August 2015, [1] [2] which culminated in the devaluation of the yuan.
17 This was the Dow's close at the peak on May 19, 2015, before the 2015-16 stock market selloff. 18 The Dow first traded above 19,200 during the session on Wednesday, November 30, 2016, then flirted with the same milestone the next day. However, Monday, December 5, 2016, was when the Dow first closed above 19,200.
A loss of just over 24 percent on May 5, 1893, from 39.90 to 30.02 signaled the apex of the stock effects of the Panic of 1893; the 2007–2008 crash was a 61.8 percent retracement thereof that began on October 11, 2007, and lasted until the closing low on March 9, 2009. [7]
Below is the schedule for 2025 stock market holidays when the NYSE, Nasdaq and bond markets are closed: Wednesday, Jan. 1, 2025 — New Year’s Day Monday, Jan. 20, 2025 — Martin Luther King Jr ...
A "circuit-breaker" mechanism began a test run on January 1, 2016. If the CSI 300 Index rises or falls by 5% before 14:45 (15 minutes before normal closing), stock trading will halt for 15 minutes. If it happens after 14:45 or the Index change reaches 7% at any time, trading will close immediately for the day.
Despite the companies being in better financial shape today than under the old MLP model, the stocks trade at a discount to the 13.7 multiple that midstream MLPs traded at between 2011 and 2016.
However, on November 14, 1972, the average closed at 1,003.16, above the 1,000 mark for the first time, during a brief relief rally in the midst of a lengthy bear market. [43] Between January 1973 and December 1974, the average lost 48% of its value in what became known as the 1973–1974 stock market crash , closing at 577.60 on December 6 ...
In 1971, the NASDAQ was founded and competes with the NYSE as the world's first electronic stock market. [65] To date, the NASDAQ is the second-largest exchange in the world by market capitalization, behind only the NYSE. [66] In 1972, the DJIA closes above 1,000 for the first time on November 14. In 1977, foreign brokers are admitted to NYSE.