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Showing posts from April, 2025
 Stock Market Crash 1929 The Dow Jones Industrial Average surged from 63 points in August 1921 to 381 points by September 1929, marking a sixfold increase. It began to decline from its peak on September 3, with the drop intensifying during the two-day crash on October 28-29. On Black Monday, the Dow plunged nearly 13%, followed by an additional decline of almost 12% on Black Tuesday. Black Monday crash of 1987 On October 19, 1987, also known as Black Monday, the Dow Jones Industrial Average plummeted nearly 22%, marking the largest single-day drop in US stock market history. The mayhem continued throughout the month, and by early November 1987, most major stock market indexes had lost over 20% of their value. 1999-2000 Dot-com bubble In the late 1990s, the values of internet-based stocks rose sharply, marking a sharp rise in technology-dominated NASDAQ Composite index. It surged from 1,000 points in 1995 to more than 5,000 in 2000. The Nasdaq peaked at 5,048.62 points on March 10, ...