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January 3, 2000: Yahoo stocks close at an all-time high of $475.00 (pre-split price) a share. This price propelled them to the most valuable company in the world at the time. The day before, it hit an intra-day high of $500.13 (pre-split price). [5]
On Monday, 19 January 2009, a date previously known as Blue Monday, British banking shares collapsed in a rout of selling after Royal Bank of Scotland (RBS) announced the biggest corporate losses in British history. The shares fell over 67% in a single day. Shares in all other British banks suffered heavy losses.
By March 9, 2009, the Dow had fallen to 6,500, a percentage decline exceeding the pace of the market's fall during the Great Depression and a level which the index had last seen in 1997. On March 10, 2009, a countertrend bear market rally began, taking the Dow up to 8,500 by May 6, 2009. Financial stocks were up more than 150% during this rally.
We've taken a look back to see how the years have affected the price of 50 things we buy, or wish we could buy. Thanks to inflation, it takes around $1.30 to buy what $1 bought in 1999.
The S&P 500 has outperformed the Russell 2000 by 20 percentage points since the low on October 2022. ... Cox's chart discussion with Yahoo Finance Live here. ... of the latest stock market news ...
On May 6, 2011, just weeks before Haines died, she moved on to CNN. With the loss of both prior hosts, Simon Hobbs & Melissa Lee filled in as co-anchors. On March 10, 2009, Haines famously called the bottom of the stock market during the financial crisis, forever cementing his legacy with the term "The Haines Bottom."
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
High oil prices have impacted global economic growth, causing the Dow's 12th bear market since 1962 and the first since 2002 according to The Washington Post. [13] Tom Petruno of the LA Times points out that "the U.S. stock market meltdown this year isn't happening in isolation. Major European stock markets also are down more than 20% since Jan. 1.