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Current DateTime: 11:48:29 24 Nov 2009
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Current DateTime: 11:48:29 24 Nov 2009
LinksList Documentid: 30111251
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Black Monday - 22 Years Later
Published: Monday, 19 Oct 2009 | 2:27 PM ET
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By: Yolaiki Gonzalez
Market Data Analyst

Ap

Exactly 22 years ago today, the markets took their worst 1-day percentage drop in history as the Dow and S&P 500 shed 22.6% and 20.5% respectively during Black Monday.  We have come a long way since then as the markets are trading today at new intraday highs for 2009.  The Dow [.DJI  Loading...      ()   ] and S&P [.SPX  Loading...      ()   ] hit intraday peak levels of 10,117.21 and 1100.02 today, up ~481% and ~388% since Black Monday.  Note that the worst point drops ever for the Dow and S&P happened last year on September 29, 2008 when the Dow lost 778 points and the S&P fell 106.

Here is how some major U.S. and world indices have performed since Black Monday:

U.S. Major Indexes Worst 1-day % Declines:

U.S. Major Indexes Performance since Black Monday (10/19/1987):

-Dow[.DJI  Loading...      ()   ] is up 475%
-S&P [.SPX  Loading...      ()   ]is up 383%
-Nasdaq Composite [COMP  Loading...      ()   ]is up 499%


Major International Indexes Performance since 10/19/1987:

-Germany's DAX [DE;DAXX  Loading...      ()   ] is up 335%
-UK's FTSE [GB;FTSE  Loading...      ()   ]is up 153%
-China's Hang Seng [HK;HSI  Loading...      ()   ]is up 552%
-Japan's Nikkei [JP;N225  Loading...      ()   ]is down -60%
-Australia's ASX 200 Index [AU;XJO  Loading...      ()   ] is up 134%

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