What was Dow low in 2009?

What was Dow low in 2009?

The Dow Jones industrial average (INDU) lost 80 points, or 1.2%, to end at 6,547.05, its lowest point since April 15, 1997.

How much did the S and P drop in 2008?

From its local peak of 1,300.68 on August 28, 2008, the S&P 500 fell 48 percent in a little over six months to its low on March 9, 2009. This drop is similar to the decrease in much of the rest of the world (Bartram and Bodnar 2009).

How much did Wall Street lose in 2008?

The 2008 stock market crash took place on Sept. 29, 2008, when the Dow Jones Industrial Average fell 777.68 points. This was the largest single-day loss in Dow Jones history up to this point. It came on the heels of Congress’ rejection of the bank bailout bill.

How fast did the stock market crash in 2008?

Although it wasn’t the greatest percentage decline in history, it was vicious. The stock market fell 90% during the Great Depression. But that took almost four years. The 2008 crash only took 18 months.

How long did 2009 stock market crash last?

The US bear market of 2007–2009 was a 17-month bear market that lasted from October 9, 2007 to March 9, 2009, during the financial crisis of 2007–2009.

How long did it take for 2008 crash to recover?

The equivalent recovery after the 2008 crash took the S&P 500 1,107 days and the Dow 1,288 days. The optimistic targets reflect expectations for improved economic performance next year and in 2022, analyst Tobias Levkovich said in the note.

Will there be another crash like 2008?

Despite dire predictions, we’re unlikely to see a housing market crash similar to that of the 2008 housing bubble. Here’s an overview of how to think about a potential housing market crash, the factors that affect real estate cycles, and how real estate investors can position themselves during recessionary times.

Who predicted the 2008 crash Michael?

Burry, the hedge fund manager who made hundreds of millions of dollars betting that the U.S. housing market would crash and helped inspire the best-selling book, “The Big Short,” this week described what’s going on in the markets as the “greatest speculative bubble of all time in all things by two orders of magnitude.”