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Economic Impact Of September 11th

economic impact of september 11th

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Title: economic impact of september 11th

Essay Details:

Subject: Business

Author: Daniel F

Date: October 29, 2015

Level: University

Grade: A

Length: 5 / 1257

Essay text:

When the markets re-opened after a weeklong absence, people were uncertain about what the numbers would be at the end of the day. Looking back throughout history, after a traumatic event such as the bombing of Pearl Harbor in 1941 and the Gulf War, the markets tended to go down at first but after a few months, they would rebound. When the markets closed on September 17th, the numbers were very bleak. "The Dow Jones Industrial Average was down 685 points, its biggest point drop in history, ending the day at 8,921. The NASDAQ was also down 116 points, closing at 1,580" (Stock Markets Reopen 1). These numbers also represented the major indexes lowest levels in about three years...

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