New York Stock Exchange - DJIA loses more than 500 points
Time: Monday Sep 15, 2008
Place: New York, U.S.
Details: In 2008, the DJIA loses more than 500 points on September 15 amid fears of bank failures, resulting in a permanent prohibition of naked short selling and a three-week temporary ban on all short-selling of financial stocks; in spite of this, record volatility continues for the next two months, culminating at 5+1⁄2-year market lows.
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