Monday, October 13, 2008
10/13/2009 History Book DOW +936, SPX 104
History Book DOW +936, SPX 104, Nasdaq 200.02
Stocks had their best day since the 1930s with the Dow Jones industrials gaining 936 points for the first time ever.
The Dow closed up 11.1% to 9,388 -- its biggest percentage gain since March 15, 1933, when the index gained 15.3%, and its fifth largest percentage gain ever.
The blue-chip index broke its old one-day record gain of 499 points, set on March 16, 2000.
The Standard & Poor's 500 Index was up 104 points, or 11.6%, to 1,003. The point gain was a record; the percentage gain was the largest since 1938.
The Nasdaq Composite Index was up 195 points, or 11.8%, to 1,844. The point gain was its 10th largest and the largest since it jumped 325 points, or 14.2%, on Jan. 3, 2001. The percentage gain was its second-largest after that January 2001 gain. (The Nasdaq was established in 1971.)
http://trend-signals.blogspot.com/2008/10/for-history-book-10102008.html
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