Dow Jones Industrial Average
The Dow Jones Industrial Average falls more than 300 points due to concerns about weaknesses in the United States housing market and weak profit results.
- Reuters via CNN
- The Dow Jones Industrial Average surpasses pre-financial crisis levels, reaching an all-time high, last set in October 2007, after the release of better than expected economic data from the United States and Europe and the Chinese growth target.
- The Dow Jones Industrial Average closes above 14,000 points for the first time since 2007 as investors welcomed strong economic data from the United States.
- Stocks rise sharply in the United States following positive jobs information with the Nasdaq Composite reaching its highest level since 2000 and the Dow Jones Industrial Average nearing levels last reached in 2008.
- Stock markets in Asia, Australia, and the United States fall further after the credit rating of the United States is downgraded with the Dow Jones Industrial Average falling by over 634 points, 5.55%.
- January 2008 stock market downturn: After further losses in international markets, the United States Federal Reserve System cuts its primary interest rate by 75 basis points to 3.5%, the largest move in the interest rate since 1982. The Dow Jones Industrial Average recovers after initial losses of almost 500 points to close at 11,971.19, down only 1.06%.