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Some sources (including the file Highlights/Lowlights of The Dow on the Dow Jones website) show a loss of −24.39% (from 71.42 to 54.00) on December 12, 1914, placing that day atop the list of largest percentage losses.
2 This was the Dow's close at the peak on June 4, 1890. 3 This was the Dow's close at the peak on January 19, 1906. 4 This was the Dow's close at the peak on November 3, 1919. 5 This was the Dow's close at the peak of the 1920s bull market on Tuesday, September 3, 1929 before the stock market crash. This level would not be seen again until ...
During the bear market a heavy debate ensued as to whose fault the falling market was. The political parties were heavily divided during this period. [11] For the most part there were three camps: ones that simply blamed the economy, others that wanted to pin the passing Bush Administration and others that wanted to push the blame on the newly arriving Obama Administration.
1985 – Anna Wood, American actress [21] 1986 – Domenico Criscito, Italian footballer; 1986 – Ellie Goulding, English singer-songwriter and producer [21] 1986 – Caity Lotz, American actress [21] 1986 – Jeff Ward, American actor [21] 1986 – Gianni Zuiverloon, Dutch footballer; 1987 – Jakub Nakládal, Czech ice hockey player [32]
The BBC Global 30, combining Europe, Asia and North America in a single index, fell by 5.1%. On Thursday, November 20 the Dow Jones Industrial Average dropped 445 points in the last minutes of the trading session, closing at 7,552, the lowest point in six years.
December 1, 2008: The NBER announced the US was in a recession and had been since December 2007. The Dow tumbled 679.95 points or 7.8% on the news. [177] [101] December 6, 2008: The 2008 Greek riots began, sparked in part by economic conditions in the country. [citation needed] December 16, 2008: The federal funds rate was lowered to zero ...
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