- CNBC TRANSCRIPT: Warren Buffett & Bill Gates - Keeping America Great
- EXCERPTS and IMAGES: Warren Buffett & Bill Gates - Keeping America Great
- What Happened to Cypress Semi?
- Lightning Round: Raytheon, Salesforce.com, Pepsi and More
- Lightning Round OT: Apache, Brocade, Allergan and More
- Cramer Goes One-on-One With Costco CEO
- Cramer: The Real Reason Stocks Fell Thursday
- Microsoft's Bill Gates Praises Apple's Steve Jobs For 'Saving the Company'
- Your First Move For Friday November 13th
- Web Extra: Options Action Suggests Next Tech Takeover
MOST SHARED
- Pharma & Social Media
- Warren Buffett and Bill Gates Share Their 'Optimism' With Eager Columbia Business Students
- Cities With the Most Home Price Reductions
- CNBC TRANSCRIPT: Warren Buffett & Bill Gates - Keeping America Great
- Microsoft's Bill Gates Praises Apple's Steve Jobs For 'Saving the Company'
- China Fourth Quarter Growth Could Hit 10%: Official
- Disney Profit, Sales Top Street Forecasts; Shares Jump
- Warren Buffett's $100,000 Offer and $500,000 Advice for Columbia Business School Students
- Is Euphoric Market Ignoring Warning Signs?
- Obama to Outline Strategy to Boost US Exports to Asia
RSS FEED
» Help
powered by digg
Text Size 
Oct.10
2:04 PM ET
Friday, 10 Oct 2008
Dow and the Depression
Posted By:Ariel Nelson
Topics:Dow Jones Industrial Average | Stock Market
As the markets continue their freefall, discussion of the Great Depression has begun to emerge. While economic conditions are nowhere near the levels they were back then (e.g., unemployment over 25% vs. 6% now), here is a look back at how the Dow [.DJIA
Loading...
()
] fell over that dark period.
The Dow and the Great Depression
- The Dow peaked at 381.17 on 9/3/1929
- Crashed on 10/28-29 falling from 301 to 230 or 23.6%
- One year after the peak (9/3/1930) the Dow closed at 237.54, down 37.3% from its peak (vs. the 39% drop we saw as of yesterday's close from the 2007 peak)
- Continued to slide until 7/8/1932 where it bottomed at 41.22, down 89.2% of its value over 2.5 years
- The Dow did not cross above 381 again until 11/23/1954, over 25 years after its 1929 peak
 |
Comments? Send them to
© 2009 CNBC.com
- Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
- They may have wrecked their companies or saved our economy. Tell us what you think.
- Big pharma embraces social media, but how much should a tightly regulated sector say on Facebook or Twitter?
- A European dating site finds lovelorn singles from one country to be consistently uglier. Which is it?
- Contributor David Pogue looks at two of the latest efforts to perfect the digital pocket camera.
- PepsiCo is ramping up its onsite health facilities for workers.
MORE FROM CNBC
Data is a real-time snapshot *Data is delayed at least 15 minutes