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% |
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 triggered the 2000 stock market crash?
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 was the Dow Jones in 1979?
The article was published on August 13, 1979 when the Dow Jones Industrial Average (DJIA) closed at 875. The DJIA began the decade at 800.
What was the worst stock market crash in history?
The Wall Street Crash of 1929. The stock market began right around 1600, and the first stock market crash was soon to follow. However, the Black Tuesday stock market crash that took place in 1929 remains the worst stock market crash in US history.
How many times has the stock market crashed?
Famous stock market crashes include those during the 1929 Great Depression, Black Monday of 1987, the 2001 dotcom bubble burst, the 2008 financial crisis, and during the 2020 COVID-19 pandemic.
What is a bubble in the market?
A bubble is an economic cycle that is characterized by the rapid escalation of market value, particularly in the price of assets. This fast inflation is followed by a quick decrease in value, or a contraction, that is sometimes referred to as a “crash” or a “bubble burst.”
What is the highest Nasdaq ever?
Records
Category | All-Time Highs | All-Time Lows |
---|---|---|
Closing | 16,057.44 | 54.87 |
Intraday | 16,212.23 | 54.87 |