9, 11, 2001: 6 Days After and the Stock Market: What Do You Remember Casey Boland
The Fifteen year anniversary of 911 attacks was Sunday. This is one of those moments in life that the memory of an event is so vivid. You say 911 and you remember where you were when you heard about it, the images in your mind, and you remember the feelings of shock, horror, and sadness. 911 was on a Tuesday and the Stock exchanges market did not open and remained closed until Monday, September 17th. Do you remember what the stock market did after it reopened 6 days later Most people remembered that it dropped. Initially the Dow Jones Industrials dropped more than 7 on the day it opened. For the week, the Dow Jones Industrial Average dropped over 14 Imagine buying on Sept. 10th. How long would it have taken for an investor to be back in positive territory after initially suffering massive losses Believe it or not, just two months. Two months. By November 2001, the stock market was trading at a higher level than where it
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