The US Stock Market As of February 24, 1997 the United States stock market has seen only two major crashes since the first seat on the New York Stock exchange was sold in 1850. Both the 1929 and the 1987 crashes turned the Dow Jones Industrial Average downward by almost 23% each. On the other hand, this market has witnessed many corrections along the way. A stock market correction is usually referred to as a downward movement of stock prices (measured by the indices) anywhere from a few percentage points to twenty percent; whereas, a market crash, therefore, would be any....

Number Of Words: 1497

Number Of Pages: 6

Join today and get unlimited access to our vast database of student-written essays and term papers. This paper along with over 45,000 other papers are available in our member's area right now. Full instant access is just seconds away! Membership Options Price 1 month  subscription $18.95 recurring        3 months subscription $34.95 recurring        6 months subscription $59.95 non-recurring