On the first day of NYSE trading after 9/11, the market fell 684 points, a 7.1% decline, setting a record for the biggest loss in exchange history for one trading day. At the close of trading that Friday, ending a week that saw the biggest losses in NYSE history, the Dow Jones was down almost 1,370 points, representing a loss of over 14%. The Standard and Poor's (S&P) index lost 11.6%. An estimated $1.4 trillion in value was lost in those five days of trading.
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I don't care what bull5hit the News Agencies spin, the real reason is the above. The News Agencies always blame everything bar the truth - bloody idiots imo.
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On the first day of NYSE trading after 9/11, the market fell 684...
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