Date in year · 2008 · The 2000s
On September 29, 2008, the stock market crashes with the Dow Jones dropping a then record 778 points after the United States House of Representatives vote on the Emergency Economic Stabilization Act fails during the beginning stages of the Great Recession. The year's #1 song was "Low" by Flo Rida featuring T-Pain. Hyein, Rio Ngumoha, Hudson Meek would arrive in the same year.
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Deaths
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Year
2008
2000s
Featured · September 29, 2008
A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic factors. They often follow speculation and economic bubbles.
Around 2008
2008 (MMVIII) was a leap year starting on Tuesday of the Gregorian calendar, the 2008th year of the Common Era (CE) and Anno Domini (AD) designations, the 8th year of the 3rd millennium and the 21st century, and the 9th year of the 2000s decade.
What happened
Sudden widespread decline of stock prices
A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic factors. They often follow speculation and economic bubbles.
Farewells
Elsewhere that year
The class of 2008
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