2008 - Stock Market on track for worst year since 1931:
1) November 21, 2008 - S & P 500 index traded to an intraday low of 741.02 = down 47.5% from 12/31/2007 close of 1411.63 (down 45.52% year-to-date);
2) 1931 - Dow Jones Industrial Average fell from 164.50 on 12/31/1930 to 77.90 on 12/21/1931 (down 52.64%), to 41.22 on July 8, 1932 (down 89% from September 1929 high); closed at 60.32 on December 30, 1932)
3) 1937 - DJIA closed at 120.85 on December 31, 1937, down 32.8% from 179.90 at the end of 1936
4) 1974 - worst post-Depression
year, until now; S & P 500 lost 29.7% (down to 68.56 from 97,55, worst postwar recession year);
5) October 2008 - worst-ever monthly point decline for the S&P 500, 8th-worst percentage decline.
(https://news.fidelity.com/pf/content/images/Investing/Markets/sp-worst.gif)
(http://graphics8.nytimes.com/images/2008/11/21/business/1122-biz-CHARTSweb.gif)
1) November 21, 2008 - S & P 500 index traded to an intraday low of 741.02 = down 47.5% from 12/31/2007 close of 1411.63 (down 45.52% year-to-date);
2) 1931 - Dow Jones Industrial Average fell from 164.50 on 12/31/1930 to 77.90 on 12/21/1931 (down 52.64%), to 41.22 on July 8, 1932 (down 89% from September 1929 high); closed at 60.32 on December 30, 1932)
3) 1937 - DJIA closed at 120.85 on December 31, 1937, down 32.8% from 179.90 at the end of 1936
4) 1974 - worst post-Depression
year, until now; S & P 500 lost 29.7% (down to 68.56 from 97,55, worst postwar recession year);
5) October 2008 - worst-ever monthly point decline for the S&P 500, 8th-worst percentage decline.
(https://news.fidelity.com/pf/content/images/Investing/Markets/sp-worst.gif) (http://graphics8.nytimes.com/images/2008/11/21/business/1122-biz-CHARTSweb.gif)
No comments:
Post a Comment