Did the stock market close in 1932?

The crash triggered the Great Depression. People all over the country not only lost their money, but also they lost their jobs. Businesses closed because they could not afford to pay their workers. Stock prices continued to fall, and on July 8, 1932, the market hit its lowest point during the Depression.

What was the Dow Jones in 1932?

41.22
On this day in 1932, the Dow Jones Industrial Average fell to its lowest point during the Great Depression, closing at 41.22. From its highest level in 1929, the Dow had suffered a drop of nearly 90 percent.

What did the Dow close at on July 7th?

The Dow Jones Industrial Average (DJI) was down 0.6% or 208.98 points to close at 34,577.37. Notably, 22 components of the 30-stock index ended in the red while 8 in green. Meanwhile, the tech-heavy Nasdaq Composite finished at 14,663.64, rising 0.2% due to strong performance by large-cap technology stocks.

What’s the lowest stock market has ever been?

Periods of Dow Jones All-Time Lows It hit a low of 41.22 in 1932. Since the Great Depression, the Great Recession of 2008 has been the most dramatic period of collapse for the DJIA.

What was the lowest point of the stock market in 2020?

2,013.76 points
The stock market crash of 2020 began on March 9, 2020. The Dow fell a record 2,013.76 points to 23,851.02.

When was the Dow Jones industrial average at its lowest point?

On July 8, 1932, the Dow Jones Industrial Average fell to its lowest point during the Great Depression. This event was symptomatic of a decade of economic uncertainty that was precipitated by the crash in the fall of 1929, when U.S. stock prices declined dramatically.

What was Dow Jones in 1932?

Dow Jones falls to its lowest point, July 8, 1932. On this day in 1932, the Dow Jones Industrial Average fell to its lowest point during the Great Depression, presaging the defeat of President Herbert Hoover in November of that year and the victory of New York Gov. Franklin D. Roosevelt, his Democratic challenger.

When did the Dow Jones industrial average go into a bear market?

Dow Jones index chart went through flash crash 1962 and 1973-74 bear market during this time. During this twenty years, Dow Jones industrial average chart also hits milestone of 1000 points and closes above 1000 points. During flash crash, Dow was down 5.7 percent in a single day and in 1973-74 bear market, DJIA was down 45 percent.

When did the Dow hit the bottom of the Great Depression?

Great Depression hits bottom, July 8, 1932. On this day in 1932, the Dow Jones Industrial Average fell to its lowest point during the Great Depression, closing at 41.22. From its highest level in 1929, the Dow had suffered a drop of nearly 90 percent.

What was the Dow Jones average in 1903?

68.13 January 2, 1901 70.44 January 2, 1902 64.32 January 2, 1903 64.60 December 31, 1903 49.11 December 30, 1904