What was the stock market low in 2001?

What was the stock market low in 2001?

In 2000, the Nasdaq lost 39.28% of its value (4,069.31 to 2,470.52). In 2001, the Nasdaq lost 21.05% of its value (2,470.52 to 1,950.40). In 2002, the Nasdaq lost 31.53% of its value (1,950.40 to 1,335.51).

How many days was the stock market closed after 911?

Return To Normalcy:Wall Street demonstrated its resiliency on Sept. 17, 2001, when the NYSE reopened for the first time following the World Trade Center attack in Manhattan. The U.S. markets were closed for four days, the single longest closure since 1933.

What was one of the effects of September 11th quizlet?

Major economic effects were caused from the September 11 attacks, many people became scared and not trusting of the stock market causing global stock markets to drop sharply.

What caused the 2000 crash?

The Dot-com Crash of 2000-2001 As with the Crash of October 1987, the 2000 dot-com market collapse was triggered by technology stocks. Investors’ interest in internet related companies increased to a frenzied level following massive growth and adoption of the internet.

What was one of the effects of September 11th Brainpop?

What was one of the effects of September 11th? The U.S. economy received an immediate boost.

When was the last time the Dow Jones industrial average fell?

February 27, 2007 – The Dow Jones Industrial Average falls 415.30 points, closing at 12,216.96, the biggest point drop since September 17, 2001 which was the first day of trading after the September 11, 2001 attacks. DJIA is a price-weighted average, which gives higher-priced stocks more influence over the average than lower-priced components.

When was the first day of trading after 9 / 11?

September 17, 2001 – The Dow has its largest one-day point drop and is the first day of trading after September 11, 2001 attacks, falling 684.81 points, or -7.1%. September 21, 2001 – By the end of the week following the 9/11 attacks the Dow had fallen 1,369.70 points, or -14.3%.

What was the largest one day gain for the Dow?

March 16, 2000 – The Dow advances 499.19 points, or +4.93%, for its largest one-day point gain. September 17, 2001 – The Dow has its largest one-day point drop and is the first day of trading after September 11, 2001 attacks, falling 684.81 points, or -7.1%.

What was stock that was shorted on 9 / 10?

What stocks were shorted on 9/10/01? As if having advanced knowledge of the attacks, some investors bet heavily against the stocks of companies that would be impacted by the terrorist attack. On September 10, 2001, the day before the attack, put options for United Airlines (UAL) and American Airlines (AAL) stocks were unusually high.