Question: How Far Did The S&P Drop In 2008?

What is the longest bear market in history?

The shortest bear market for the S&P 500 was in 1990.

It lasted almost three months, sliding 20% in that period.

The longest was a 61-month bear market that ended in March 1942 and cut the index by 60%..

How far did the stock market drop in 2008?

777.68 percentThe 2008 stock market crash took place on Sept. 29, 2008, when the Dow Jones Industrial Average fell 777.68 percent. This was the largest single-day loss in Dow Jones history up to this point. It came on the heels of Congress’ rejection of the bank bailout bill.

How long did it take the S&P 500 to recover from the 2008 crash?

How Many Months Did It Take For The Market To Recover To The Pre-Crisis Peak? The markets took about 25 years to recover to their pre-crisis peak after bottoming out during the Great Depression. In comparison, it took about 4 years after the Great Recession of 2007-08 and a similar amount of time after the 2000s crash.

How much did the S&P 500 drop during the Great Recession?

Some of The Nastiest Bear Markets (So Far) The bear market from 2007 to 2009 lasted 1.3 years and sent the S&P 500 down by 50.9%.

What stocks went up in 2008?

Stocks that held up in the 2008 recession:Hasbro (HAS)Ross Stores (ROST)Walmart (WMT)Amgen (AMGN)Anheuser Busch Inbev (BUD)H&R Block (HRB)Dollar Tree (DLTR)

How long did it take to recover from the 2008 recession?

Generally, economic recessions don’t last as long as expansions do. Since 1900, the average recession has lasted 15 months while the average expansion has lasted 48 months, Geibel says. The Great Recession of 2008 and 2009, which lasted for 18 months, was the longest period of economic decline since World War II.

How many people lost their jobs in 2008 crisis?

2.6 million jobsNEW YORK — U.S. employers shed 2.6 million jobs in 2008, the worst year since 1945, the government reported Friday, and a rapidly deteriorating economy promises more significant losses ahead.

How far will the S&P drop?

The S&P 500 will fall 8% by the end of 2020, according to Bank of America’s equity chief. Bank of America’s head of equity research predicts the S&P 500 index will fall to 2,900 by the end of the year, an 8% decline from current levels, MarketWatch said.

What is the lowest the stock market has ever been?

The Dow dropped 16% from 193.16 on June 15, 1948, to 161.60 on June 13, 1949.

What stocks did best during the Great Depression?

Electric Boat Company gained +55,000% from 1932 to 1954, topping this interesting list of the top-10 performing Great Depression Stocks.1/ Electric Boat (Defense; +55,000% Return) … 3/ Truax Traer Coal (Coal; +30,503%) … 5/ Spicer Manufacturing (Auto; +26,221%) … 7/ Zenith Radio (Radios, Televisions; +24,146%) … 9/ WeWork.More items…•

What happened to people’s money during the Great Depression?

By 1933, depositors saw $140 billion disappear through bank failures. … Whether the fear of bank failures caused the Depression or the Depression caused banks to fail, the result was the same for people who had their life savings in the banks – they lost their money.

Who lost money in 2008 crash?

Investment Banks’ Collapse Perhaps the biggest signs of Wall Street’s fall can be found by looking at Bear Sterns, Lehman Brothers and Merrill Lynch — three of Wall Street’s most esteemed and biggest investment banks who all saw their demise in 2008. The first to fall was Bear Stearns.