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Service was cut back to Canal Street when C service resumed on September 21, but Chambers Street and Broadway–Nassau Street remained closed until October 1. World Trade Center remained closed until January 2002. There were no reported casualties on the subway or loss of train cars, but a Motor Coach Industries coach bus was destroyed. Another ...
Financial Times [3] terms a double-digit percentage fall in the stock markets over five minutes as a crash, while Jayadev et al. describe a stock market crash in India as a "fall in the NIFTY of more than 10% within a span of 20 days" or "difference of more than 10% between the high on a day and the low on the next trading day" or "decline in ...
January 21, 2008: As US markets were closed for Martin Luther King Jr. Day, the FTSE 100 Index in the United Kingdom tumbled 323.5 points or 5.5% in its largest crash since the September 11 attacks. [119]
The economic crisis caused countries to close their markets temporarily. On October 8, the Indonesian stock market halted trading, after a 10% drop in one day. The Times of London reported that the meltdown was being called the Crash of 2008, and older traders were comparing it with Black Monday in 1987. The fall that week of 21% compared to a ...
By 1966, non-US central banks held $14 billion US dollars, while the United States had only $13.2 billion in gold reserve. Of those reserves, only $3.2 billion was able to cover foreign holdings as the rest was covering domestic holdings. [9] By 1971, the money supply had increased by 10%. [10]
On some markets, after the close of business on the day before the ex-dividend date and before the market opens on the ex-dividend date, all open good-until-canceled limit, stop, and stop limit orders are automatically reduced by the amount of the dividend, except for orders that the customer indicated "do not reduce."
The Cold War was a period of geopolitical tension between the United States and the Soviet Union and their respective allies, the Western Bloc and the Eastern Bloc, that started in 1947, two years after the end of World War II, and lasted until the fall of the Soviet Union in 1991.
The largest point drop in history occurred on March 16, 2020, when concerns over the ongoing COVID-19 pandemic engulfed the market, dropping the Dow Jones Industrial Average 2,997 points. The largest point gain (+2,113) occurred on March 24, 2020.