Stock Market In 2008

Stock Market Crash 2008 Chart

"At least then it was a short, sharp, shock on one day. This has been relentless all week." Business Week also referred to the crisis as a "stock market crash" or the "Panic of 2008." Beginning October 6 and lasting all week the Dow Jones Industrial Average closed lower for all five sessions..Read on to learn how the explosive growth of the subprime mortgage market, the stocks of financial companies, believing this would stabilize the markets..The stock market crash of 2008 occurred on September 29. The Dow fell 777.68 points in intra-day trading. That was the largest point drop in any single day in history. It was because Congress rejected sent the bank bailout bill..

On September 16, 2008, failures of massive financial On October 8, the Indonesian stock market halted trading, after a .The stock market crash of 2008 included the Dow 's worst point drop ever on September 29. Why it crashed. Timeline of events.. Last Updated: September 29, 2008: 9:10 PM ET to a drop in the Dow Jones Wilshire 5000, the broadest measure of the stock market.. Traders at the New York Stock Exchange closely monitor stocks on Oct. 3, when Congress passed the Troubled Asset Relief Program..

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