The Stock Market's Response to Dramatic Historical Events
Description:
The events of September 11, 2001, have caused speculation that the U.S. stock
market may crash when trading resumes. History, however, suggests that there is no
uniform pattern in which bad news is followed by a stock market plunge. This report
presents data on the stock market response to four episodes: Pearl Harbor, the Kennedy
assassination, the October 1987 stock market crash, and the Asian financial crisis of
1997. There is, of course, no guarantee that the market will behave now or in the…
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Date:
September 14, 2001
Creator:
Jickling, Mark
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department