he S&P 500 has now dropped 26 percent since its October 2007 peak, erasing half the gains from the five-year bull market. Between Oct. 9, 2002, and Oct. 9, 2007, the S&P 500 doubled, from 776.76 to 1,565.15; after yesterday’s 4.7 percent plummet, the index stands at 1,156. Since the S&P 500’s peak, stocks worldwide have lost $18 trillion in value. (Bloomberg)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- If a nuclear bomb exploded in downtown Washington, what should you do?
- 31 TV shows to watch in 2014
- There's a number of reasons the grammar of this headline could infuriate you
- He said he was leaving. She ignored him.
- What would a U.S.-Russia war look like?
- How to be more satisfied with your life, according to science
- How to flirt, according to science
- The Warren Buffett formula: How you can get smarter
- The contentious policy at the heart of Cliven Bundy's armed standoff with the government
- 7 ways to quickly become a master at anything
Subscribe to the Week