What was the Dow Jones in September 2001?
^DJI – Dow Jones Industrial Average
| Date | Open | Close* |
|---|---|---|
| Sep 28, 2001 | 8,679.07 | 8,847.56 |
| Sep 27, 2001 | 8,567.46 | 8,681.42 |
| Sep 26, 2001 | 8,660.06 | 8,567.39 |
| Sep 25, 2001 | 8,605.59 | 8,659.97 |
What happened to the stock market in 2001?
The terrorist attack on Sept. 11, 2001 was marked by a sharp plunge in the stock market, causing a $1.4 trillion loss in market value. The first week of trading after the attacks saw the S&P 500 fall more than 14%, while gold and oil rallied.
What was the Dow in 2001?
10,199.29
Dow Jones – DJIA – 100 Year Historical Chart
| Dow Jones Industrial Average – Historical Annual Data | ||
|---|---|---|
| Year | Average Closing Price | Annual % Change |
| 2001 | 10,199.29 | -7.10% |
| 2000 | 10,729.38 | -6.17% |
| 1999 | 10,481.56 | 25.22% |
How much did the Dow Jones drop during the Great Recession?
On October 24, 2008, many of the world’s stock exchanges experienced the worst declines in their history, with drops of around 10% in most indices. In the U.S., the DJIA fell 3.6%, although not as much as other markets.
How did Covid affect the stock market?
The main results showed that in the period from 23 March 2020–23 April 2020, the stock market was negatively influenced by the number of lockdown days and by the international travel restrictions, but positively by restrictions on internal movement.
When did the stock market reopen for trade after 911?
Sept. 17, 2001
Elected leaders and NYSE officials gathered to mark the reopening of trading on Sept. 17, 2001, days after the attacks disrupted the financial industry’s communications systems.
What happened to the 2000 2001 stock market?
In 2001, stock prices took a sharp downturn (some say “stock market crash” or “the Internet bubble bursting”) in stock markets across the United States, Canada, Asia, and Europe. The U.S. dollar increased in value relative to the euro, reaching a 1-to-1 valuation not seen since the euro’s introduction.
What caused the stock market crash of 2000?
What caused the 2000 stock market crash? The 2000 stock market crash was a direct result of the bursting of the dotcom bubble. It popped when a majority of the technology startups that raised money and went public folded when capital went dry.
What year did the Dow hit 10000?
1999
What Happened? On this day in 1999, the Dow Jones Industrial Average reached 10,000 for the first time. Where The Market Was: The Dow finished the day at 9,997.62. The S&P 500 finished at 1,310.17.
What is the highest the Dow has ever been in history?
36,585.06 points
As of early 2022, the Dow’s all-time high at market close stands at 36,585.06 points—reached on Jan. 3, 2022. The index’s highest price, period, also was on that day: At one point, the Dow reached 36,595.82 points. The Dow finally broke the 30,000 mark on Nov.
What is the biggest drop in S&P 500?
The S&P 500 fell 49.17% from its new high in October 2007 before bottoming out in March 2009 during the financial crisis that has come to be known as the Great Recession. The decline was the largest drop in the S&P index since World War II.
What happened on the 17th of September 2001?
September 17, 2001. Following the worst terrorist attack in U.S. history on Sept. 11, the market plummeted on its first day of trading, the American Stock Exchange and New York Stock Exchange having been shut down for almost a week. The value of two present-day titans of banking and investments, JPMorgan Chase and Citigroup, dropped 6% by midday.
What happened to the Dow in April 2000?
Defense, mining and some drug stocks rose. But that couldn’t keep the Dow industrials from falling 684.81 points to 8,920.70, surpassing the 617.78 point drop in April, 2000 that was the record. The Nasdaq composite index fell 115.75, or 6.8 percent, to 1,579.55, while the Standard & Poor’s 500 index shed 53.81, or nearly 4.9 percent to 1,038.77.
What’s the Dow’s worst loss percentage-wise in history?
That loss, while severe, doesn’t make the index’s top 10 worst declines in percentage terms. The Dow suffered its worst loss percentage-wise on “Black Monday” Oct. 19, 1987 when the blue-chip index dropped 22.6 percent.
What happened to the Dow on’Black Monday’?
The Dow suffered its worst loss percentage-wise on “Black Monday” Oct. 19, 1987 when the blue-chip index dropped 22.6 percent. Losses in insurance companies facing damage claims helped send the Standard & Poor’s 500 index to its worst finish since October 1998. The Nasdaq composite index also tumbled and now stands 68 percent off its all time high.