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Subject:
Statistics on Stock Market Crashes in 1929 and 1987:
Category: Business and Money > Finance Asked by: jonnysalkow-ga List Price: $25.00 |
Posted:
14 Jan 2004 20:34 PST
Expires: 13 Feb 2004 20:34 PST Question ID: 296663 |
For both Black Tuesday, October 29, 1929 and Black Monday, October 19, 1987: 1. What was the Dow Jones Industrial Average at the opening? 2. What was the DJIA at the end of the day? 3. How many stocks on the NYSE were up on each of those days 4. How many stocks on the NYSE were down on each of those days? Thanks | |
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Subject:
Re: Statistics on Stock Market Crashes in 1929 and 1987:
Answered By: juggler-ga on 15 Jan 2004 12:30 PST Rated: |
Hello. Black Tuesday 10/29/1929 DJIA open: 260.64 DJIA close: 230.07 change: -30.57 sources: DJindexes.com Days with greatest percentage lost http://www.djindexes.com/jsp/avgStatistics.jsp#no4 History of the Dow Jones http://www.mdleasing.com/djia.htm ------------------ Black Monday 10/19/1987 DJIA open: 2,246.74 DJIA close: 1,738.74 change: -508.00 sources: History of the Dow Jones http://www.mdleasing.com/djia.htm Motley Fool: 1987 timeline http://www.fool.com/Features/1997/sp971017CrashAnniversary1987Timeline.htm ------------------ NYSE Advance/Decline - Black Monday 10/19/1987 NYSE - Advances: 52 NYSE - Declines: 1973 NYSE - Unchanged: 56 NYSE - New highs: 10 MYSE - New lows: 1315 source: The Wall Street Journal, October 20, 1987, read via my local public library ----------------------------- NYSE Advance/Decline - Black Tuesday 10/29/1929 As I mentioned, I couldn't come up with exact figures for this. However, I did check the New York Times for 10/30/1929, the day after Black Tuesday. On page 1 of that issue, an article mentions 880 NYSE stocks losing ground. I then checked the stock tables in that issue. There were so few advancing issues that I was able to do a quick count. I counted 54 gainers on in the NYSE stock table. Thus, my best guess is: NYSE - Advances: 54 NYSE - Declines: 880 based on my reading of New York York Times 10/30/1929 http://pqasb.pqarchiver.com/nytimes/advancedsearch.html --------------- search strategy: "history of the dow jones", 1929, 1987 230.07, 260.64, 1929 1,738.74, 1987, 508 I hope this helps. | |
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Subject:
Re: Statistics on Stock Market Crashes in 1929 and 1987:
From: omnivorous-ga on 15 Jan 2004 14:52 PST |
Juggler's numbers all check with data that I have. However, there's one minor tidbit: on Monday 10/19/1987, the DJIA actually opened at 2046.67 -- down 200 points from the Friday close of 2,246.74. In the 1920's there were 25 stocks in the DJIA. In the 1980's (as today) there were 30 industrial stocks in the average. Best regards, Omnivorous-GA |
Subject:
Re: Statistics on Stock Market Crashes in 1929 and 1987:
From: juggler-ga on 15 Jan 2004 16:00 PST |
Thanks, Omnivorous. Yes, 2,246.74 was the previous close, rather than, technically, the "opening." |
Subject:
Re: Statistics on Stock Market Crashes in 1929 and 1987:
From: jonnysalkow-ga on 16 Jan 2004 04:06 PST |
Thanks to juggler and Omnivorous. jonnysalkow |
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