Table of Contents
How much did the market drop in 2000?
Index levels In 2000, the Nasdaq lost 39.28% of its value (4,069.31 to 2,470.52).
What was the Dow in 2000?
10,729.38
Dow Jones – DJIA – 100 Year Historical Chart
| Dow Jones Industrial Average – Historical Annual Data | ||
|---|---|---|
| Year | Average Closing Price | Annual % Change |
| 2000 | 10,729.38 | -6.17% |
| 1999 | 10,481.56 | 25.22% |
| 1998 | 8,630.76 | 16.10% |
What is the lowest the Dow has ever reached?
41.22
Periods of Dow Jones All-Time Lows It hit a low of 41.22 in 1932.
How low did the Dow go during the Great Recession?
The DJIA hit a market low of 6,469.95 on March 6, 2009, having lost over 54% of its value since the October 9, 2007 high The bear market reversed course on March 9, 2009, as the DJIA rebounded more than 20% from its low to 7924.56 after a mere three weeks of gains.
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.
Why were stocks so high in 2000?
In 2000, the stock market experienced a bubble. This time period was marked by overvaluations, excess public enthusiasm for stocks, and speculation in the technology sector. When the bubble burst, the technology-centric NASDAQ fell nearly 90%, while the S&P 500 fell 40%.
When did the Dow Jones hit 2000?
1987
What Happened? On this day in 1987, the Dow Jones Industrial Average topped the 2,000 mark for the first time.
What is the average stock market return since 2000?
Stock market returns since 2000 This is a return on investment of 371.02%, or 7.41% per year.
What Caused Crash of 1929?
What Caused the 1929 Stock Market Crash? Among the other causes of the stock market crash of 1929 were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated.
How much did the S&P 500 drop during the Great Recession?
The 2008-09 Financial Crisis and Great Recession The S&P 500 fell 57.7% from its new high in October 2007 before bottoming out in March 2009 during the financial crisis that has come to be known as the Great Recession. The decline was the largest drop in the S&P index since World War II.
Who was responsible for the 2008 stock market crash?
The stock market crash of 2008 was as a result of defaults on consolidated mortgage-backed securities. Subprime housing loans comprised most MBS. Banks offered these loans to almost everyone, even those who weren’t creditworthy. When the housing market fell, many homeowners defaulted on their loans.
When did the tech bubble burst in 2000?
March 2000
But the bubble eventually burst in March 2000, with many companies failing to even come close to fulfilling their promise. As such, the NASDAQ fell by more than 75 percent between March 2000 and October 2002, thus wiping out more than $5 trillion in market value.