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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.
8 This was the Nasdaq's close at the peak on July 20, 2015, before the 2015-16 stock market selloff. 9 The Nasdaq first traded above 5,400 during the session on Tuesday, November 29, 2016, but dropped below before the closing. Over the next few days, Nasdaq returned its post-election gains; however, the Nasdaq finally closed above 5,400 on ...
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 ...
Stocks ended 2024 near record highs. Over the past 12 months, the Nasdaq Composite has rallied 30% and the S&P 500 has climbed over 24%.Meanwhile, the blue-chip Dow Jones has risen a more modest 13%.
2016 South Korean political scandal. South Korean prosecutors raid the offices of Samsung Electronics as part of a ongoing probe into President Park Geun-hye's controversial association with Choi Soon-sil. Yonhap News Agency reports prosecutors are investigating whether Samsung improperly provided financial assistance to Choi's daughter, Chung ...
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 ...
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By the end of 2015, the Shanghai Composite Index was up 12.6 percent. [8] In January 2016, the Chinese stock market experienced a steep sell-off and trading was halted on 4 and 7 January 2016 after the market fell 7%, the latter within 30 minutes of opening. The market meltdown set off a global rout in early 2016. [9] [10] [11]