Posts Tagged ‘stock market

A few stock market facts

Posted in Businesson Oct 6, 2008

The following facts refer to the Dow Jones Industrial Average:

  • Almost one year ago, the stock market hit an all time high.
  • Since then, it has fallen over 29%.
  • Today, it closed below 10,000 points. (source)
  • And closed about 3.5% lower than where it closed last Friday.
  • Which is more than 11% lower than where it closed a month ago.
  • This is a 4 year low.
  • At one point today, the stock market was down by 800 points.
  • Which was the worst intra-day fall since Black Monday in 1987. (source)
  • But it rallied near the end of the day, to close with a loss of 370 points. (source)
  • This is the 19th largest single-day point loss ever.
  • The 1st largest point loss occured one week ago.
  • The 1st, 8th, 9th, 17th, and 19th worst single-day point losses have call occured in the last month. (source)
  • In the last month, shares of Hewlett-Packard have dropped by almost 9%.
  • Shares of Apple, IBM, and Dell have all dropped more.
  • The utilities and medial sectors have fallen the most, dropping more than 5% today.
  • While the transportation industry has dropped the least with less than a 1% drop.

Update Oct 7:

  • On October 7, the stock market dropped another 508 points.
  • This is the 5th worst single-day point loss ever.
  • Adding today to the list, the 1st, 5th, 9th, 10th, 18th, and 20th worst single day losses have all occurred in the last month.
  • It has dropped almost 13% in the last week.
  • It has dropped almost 2000 points in the last month, or almost 16% of its value.
  • And almost a 33% drop in the last year.  Think about that!  It has dropped by a whole third in just a year!

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