How far did Stock market Crash in 2008? answer 54%
Dow Jones Industrial Average (DJIA): Dropped 54%, falling from a peak of 14,164 on October 9, 2007, down to 6,469 by March 6, 2009. [1]
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AI Overview
The U.S. stock market dropped by more than 50% from its peak in October 2007 to its lowest point in March 2009 during the global financial crisis.
Total Market Drop (Peak to Trough)
S&P 500: Fell by more than 50% from its October 2007 peak to its trough in March 2009.
Dow Jones Industrial Average (DJIA): Dropped 54%, falling from a peak of 14,164 on October 9, 2007, down to 6,469 by March 6, 2009.
Key Milestone Drops in 2008
September 29, 2008: The Dow plummeted 777.68 points in a single day (an 8.8% drop) after Congress initially rejected a major bank rescue bill, which was the largest point drop in history at the time.
October 2008:
Extreme volatility caused global stock exchanges to experience historic drops of around 10% in multiple major indices.
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On September 29, 2008, the DJIA had a record-breaking drop of 777.68 with a close at 10,365.45. The DJIA hit a market low of 6,469.95 on March 6, 2009, having ...
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