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United States bear market of 2007–09 : ウィキペディア英語版 | United States bear market of 2007–09
The US bear market 2007–2009 was declared in June 2008 when the Dow Jones Industrial Average (DJIA) had fallen 20% from its October 11, 2007 high.〔(Dow Hits Bear-Market Territory, Signaling Woe for Economy )Wall Street Journal, June 28, 2008〕〔Michael M. Grynbaum (Gloom Descends Over Wall Street Again ) The New York Times, June 27, 2008〕〔Elizabeth Stanton (Dow Average's Drop Into Bear Market May Signal Losses ) July 3, 2008.〕〔Alexandra Twin (Bear scare on Wall Street ) CNNMoney, June 27, 2008〕〔(Instant View: Dow industrials enter bear market territory ) Reuters, Jun 27, 2008〕 This followed the United States bull market of 2002–07 and was followed by the United States bull market of 2009–present. The DJIA, a price-weighted average (adjusted for splits and dividends) of 30 large companies on the New York Stock Exchange, peaked on October 9, 2007 with a closing price of 14,164.53. On October 11, 2007, the DJIA hit an intra-day peak of 14,198.10 before starting its decline. The decline of 20% by mid-2008 was in tandem with other stock markets across the globe. On September 29, 2008, the DJIA had a record-breaking drop of 777.68 with a close at 10,365.45. The DJIA hit a market low of 6,443.27 on March 6, 2009, having lost over 54% of its value since the October 9, 2007 high.〔(【引用サイトリンク】title=Dow Jones Industrial Average (^DJI) )〕 The bear market reversed course on March 9, 2009, as the DJIA rebounded more than 20% from its low to 7924.56 after a mere three weeks of gains. After March 9, the S&P 500 was up 30% by mid May and over 60% by the end of the year. ==Index levels== 〔(^IXIC: Historical prices for NASDAQ Composite )〕〔(^GSPC: Historical prices for S&P 500 )〕〔(^DJI: Historical Prices for Dow Jones Industrial Average )〕 :§Values represent percent change from previous date listed in table.
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