Baseline data for the Crash of 2008
For reference, the Crash of 2008 can be judged to have opened Monday, Sept. 15, when AIG had sought emergency federal funds over the weekend and, on that Monday, Lehman Bros. had filed for bankruptcy. To estimate the extent and effects of the Crash therefore one wants for a baseline prices at U.S. market close Friday, Sept. 12. On Friday, Sept. 12, 2008:
- the S&P 500 closed at 1251.70;
- the Dow Jones industrial average closed at 11,421.99;
- the Euro closed at $ 1.4215;
- the Japanese Yen closed at 107.76 to the dollar;
- oil closed at $ 101.18 a barrel; and
- gold closed at $ 763.70 per Troy ounce.