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The Dow reached its lowest level, 577.60 points, on December 6, 1974. [4] The effect was worse in the United Kingdom, particularly on the London Stock Exchange's FT 30, which lost 73% of its value during the crash. [5] From a rate of 5.1% real GDP growth in 1972, the UK went into recession in 1974, with GDP falling by 1.1%. [1]
Bloomberg. UKX:IND. The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the " Footsie " / ˈfʊtsi /, is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chips listed on the London Stock Exchange. [ 1]
Black Monday (also known as Black Tuesday in some parts of the world due to time zone differences) was the global, severe and largely unexpected [ 1] stock market crash on Monday, October 19, 1987. Worldwide losses were estimated at US$1.71 trillion. [ 2] The severity of the crash sparked fears of extended economic instability [ 3] or even a ...
Gold as an investment. A Good Delivery bar, the standard for trade in the major international gold markets. Size of a 100 gram gold bar - packaged inside an assay for proof of authenticity - compared to a playing card. Of all the precious metals, gold is the most popular as an investment.
The Dow Jones Industrial Average closed up about 0.5%, or more than 150 points — its third-highest close ever. The S&P 500 ( ^GSPC ) also finished the day up around 0.5%, notching its best close ...
Stock market today: Stocks snap the 9-day rally as investors gear up for key labor report ... Dow Jones Industrial Average: 40,834.97, down 0.15% (-65.56 points) ... Negative prices are becoming a ...
Souk Al-Manakh stock market crash: Aug 1982 Kuwait: Black Monday: 19 Oct 1987 USA: Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos ...
As of 10:45 a.m. EDT, the Dow is down about 70 points. Among Dow stocks, the obvious victim of gold's decline is Caterpillar , which has dropped 2.7%. The maker of construction and mining ...