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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%. [145]
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.
Dow Jones Industrial Average 1970–2022. ... 2008-10-13 9,387.61 ... None of the top 20 occurred before the year 2018. During the 2020 stock market crash, ...
The largest single-day percentage declines for the S&P 500 and Dow Jones Industrial Average both occurred on Oct. 19, 1987 with the S&P 500 falling by 20.5 percent and the Dow falling by 22.6 percent.
Like the Nasdaq, however, we find the Global Financial Crisis front and center among the worst years endured by stock market investors. The Dow lost 14.4% in the first six months of 2008, only to ...
Alamy Five years ago this month, the U.S. financial system began a downward spiral that would bring it to the brink of collapse. Stock markets plunged as the bankruptcy of Lehman Brothers and the ...
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 ...
Oct. 9, 2008: Frozen credit markets and the failure of Citi's effort to buy Wachovia prompt a sell-off on the one-year anniversary of the market's peak. The Dow closes at 8,579.19, down 7.3%. The ...