What happened in the market 2011?
By market close, the Dow Jones Industrial Average lost 634.76 points (-5.55%) to close at 10,809.85, making it the 6th largest drop of the index in history. Black Monday 2011 followed just one trading day behind the 10th largest drop of the Dow Jones Index, a 512.76 (-4.31%) drop on August 4, 2011.
What caused the 2011 market crash?
This was due to fears of contagion of the European sovereign debt crisis to Spain and Italy, as well as concerns over France’s current AAA rating, concerns over the slow economic growth of the United States and its credit rating being downgraded.
What was the Sensex in 2011?
Sensex seen at 22,000-24,000 in 2011 | Business Standard News.
Was there a stock market crash in 2001?
The terrorist attack on Sept. 11, 2001 was marked by a sharp plunge in the stock market, causing a $1.4 trillion loss in market value. The first week of trading after the attacks saw the S&P 500 fall more than 14%, while gold and oil rallied.
What was the S&P 500 in 2011?
1,267.64
S&P 500 – 10 Year Daily Chart
| S&P 500 Index – Historical Annual Data | ||
|---|---|---|
| Year | Average Closing Price | Annual % Change |
| 2011 | 1,267.64 | 0.00% |
| 2010 | 1,139.97 | 12.78% |
| 2009 | 948.05 | 23.45% |
How many times has the stock market crashed?
Famous stock market crashes include those during the 1929 Great Depression, Black Monday of 1987, the 2001 dotcom bubble burst, the 2008 financial crisis, and during the 2020 COVID-19 pandemic.
What happened in Indian Stock Market 2011?
During 2011, the Sensex has tumbled 5,054.17 points, or 24.64 per cent, eroding ₹ 20 lakh crore in investor wealth. The 50-issue index Nifty of the National Stock Exchange also dropped 89.70 points, or 1.90 per cent, to end the week at 4,624.30. The index tumbled 1,510.20 points, or 24.62 per cent, during the year.
What was Sensex in 2010?
Search :
| Year | High | Low |
|---|---|---|
| 2011-2012 | 19811.14 | 15135.86 |
| 2010-2011 | 21108.64 | 15960.15 |
| 2009-2010 | 17793.01 | 9546.29 |
| 2008-2009 | 17735.70 | 7697.39 |
What caused the stock market crash of 2002?
An outbreak of accounting scandals, (Arthur Andersen, Adelphia, Enron, and WorldCom) was also a factor in the speed of the fall, as numerous large corporations were forced to restate earnings (or lack thereof) and investor confidence suffered.
Why did the stock market fall in August 2011?
The ‘August 2011 stock markets fall’ was the sharp drop in stock prices in August 2011 in stock exchanges across the United States, Middle East, Europe and Asia. This was due to fears of contagion of the European sovereign debt crisis to Spain and Italy, as well as concerns over France’s current AAA rating,…
What was the economic situation like in 2011?
The shaky U.S. economic situation set the tone at the start of 2011, with anemic GDP growth in the first half of the year. The closing days of 2011 are a reminder of the sputtering U.S. economic recovery.
When did the FTSE 100 fall in 2011?
United Kingdom: The FTSE 100 Index fell from over 5,900 points on 26 July to under 4,800 at 9:35 am on 9 August, its lowest level since July 2010. On 18 August 2011, it fell 4.5%. On 22 September 2011, the FTSE 100 fell 4.7%, the largest daily fall since 2 March 2009.
What was the CAC 40 in August 2011?
France: The CAC 40 fell by 20% in two weeks. It fell by 5.5% on 18 August 2011. The CAC thus moved from 3,800 points to 3,000 points in 10 days. The CAC 40 closed at 2999.54 on 5 September 2011 compared with 3982.21 on 30 June 2011 (and 4157 in February).