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The DOW bottomed out on March 6th 2009 at 6460.

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13y ago

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What was the Dow on sep 11 2001?

On September 11, 2001, the Dow Jones Industrial Average closed at 9,605.85 points. The market experienced significant volatility that day due to the terrorist attacks, leading to a suspension of trading for several days afterward. The events had a profound impact on the financial markets and the economy as a whole.


What is 10000 in 2001 worth today?

To determine the current value of $10,000 from 2001, you can use the cumulative inflation rate over the years. As of 2023, the average annual inflation rate in the U.S. has been about 2-3%, leading to a cumulative inflation rate of approximately 60-70% since 2001. Therefore, $10,000 in 2001 would be worth around $16,000 to $17,000 today, depending on the specific inflation rates applied. For an exact figure, it's best to use an inflation calculator that accounts for the specific years.


Gross Domestic Product (GDP) for Selected Years YearChange since previous year 2001 plus 5.5 2002- 1.9 2003 plus 1.2 2004- 0.7 2005- 0.07?

We need to know which countries GDP you are enquiring about.


What are the three major factors that are contributing for the increasing budget deficit since 2001?

The three major factors contributing to the increasing budget deficit since 2001 are rising government spending, particularly on defense and entitlement programs; a decline in tax revenues due to economic downturns and tax cuts; and increased interest payments on the national debt. These elements create a persistent imbalance between government revenue and expenditures, leading to larger deficits. Additionally, economic shocks, such as the 2008 financial crisis and the COVID-19 pandemic, have exacerbated these challenges, prompting further spending without corresponding revenue increases.


How may the discount rate be said to be adjustable to cyclical conditions of the economy?

the discount rate moved up from a low of 3 percent in May 1994 to 6 percent in January 2001 to counter possible overheating and inflation from the robust economic growth since the mid-1990s