The Dow Jones Industrial Average closed at
8776
on 12/31/08, as the stock market closed out the year on a positive note but traded on very low volume.
What was the Dow Jones on December 31 2009?
| Date Open Close* | Jan 06, 2010 10,564.72 10,573.68 | Jan 05, 2010 10,584.56 10,572.02 | Jan 04, 2010 10,430.69 10,583.96 | Dec 31, 2009 10,548.51 10,428.05 |
|---|
What was the Dow Jones in December of 2008?
The Dow Jones Industrial Average plummeted 512.76 points, or 4.31 percent, to close at
11,383.68
, led by Alcoa and BofA . The last time the Dow dropped more than 500 points in a single session was in Dec. 2008. The S&P 500 sank 60.27 points, or 4.78 percent, to end at 1,200.07.
What was the Dow December 31 2010?
The Dow Jones Industrial Average closed at
11578
on 12/31/10, as the stock market closed 2010 at the highs of the year. The Dow Jones should run up another 1,000 points to 12,500 sometime in 2011.
What was the low point of the Dow in 2008?
Financial Turmoil Escalates
The Dow would plummet 3,600 points from its Sept. 19, 2008 intraday high of 11,483 to the Oct. 10, 2008 intraday low of
7,882
. 12 The following is a recap of the major U.S. events that unfolded during this historic three-week period.
Who was responsible for the 2008 stock market crash?
The stock market crash of 2008 was as a result of defaults on
consolidated mortgage-backed securities
. Subprime housing loans comprised most MBS. Banks offered these loans to almost everyone, even those who weren't creditworthy. When the housing market fell, many homeowners defaulted on their loans.
Will there be a market crash in 2021?
Let's get one thing straight:
No one can perfectly predict whether or not the stock market is going to crash during the rest of 2021
. Just think back to everything that happened last year—you can't make this stuff up!
What was the DJIA on January 1 2008?
| Date Nasdaq Dow Jones | January 2, 2008 2,609.63 13,043.96 | June 27, 2008 2,315,63 11,346.51 | November 4, 2008 1,780.12 9,625.28 | January 2, 2009 1,632.21 9,034.69 |
|---|
What was the Dow during the Great Depression?
The crash began on Oct. … Before the crash, which wiped out both corporate and individual wealth, the stock market peaked on Sept. 3, 1929, with the Dow at
381.17
. The ultimate bottom was reached on July 8, 1932, where the Dow stood at 41.22.
What was the Dow in 2008?
| Dow Jones Industrial Average – Historical Annual Data | Year Average Closing Price Annual % Change | 2010 10,668.58 11.02% | 2009 8,885.65 18.82% | 2008 11,244.06 -33.84% |
|---|
What caused the market to crash in 2008?
The collapse of the housing market — fueled by low interest rates, easy credit, insufficient regulation, and toxic subprime mortgages
— led to the economic crisis.
What happened to the bond market in 2008?
Corporate bonds are riskier than government bonds. … The 2008 financial crisis caused both high- and low-grade corporate bond yields to rise sharply because
investors became exceedingly risk averse and moved funds to the safety of Treasuries
.
What stocks went up in 2008?
| Top 10 Stocks in the S&P 500 by Total Return During 2008 | Company Name (Ticker) 1-Year Total Return Industry | Walmart Inc. (WMT) 20.0% Discount Stores | Edwards Lifesciences Corp. (EW) 19.5% Medical Devices | Ross Stores Inc. (ROST) 17.6% Apparel Retail |
|---|
Who made the most money from the 2008 crash?
- The Crisis.
- Warren Buffett.
- John Paulson.
- Jamie Dimon.
- Ben Bernanke.
- Carl Icahn.
- The Bottom Line.
How long did it take to recover from 2008 recession?
According to the U.S. National Bureau of Economic Research (the official arbiter of U.S. recessions) the recession began in December 2007 and ended in June 2009, and thus extended
over eighteen months
.
Who is to blame for the Great Depression?
As the Depression worsened in the 1930s, many blamed President Herbert Hoover…
