New York Stock Exchange
DJIA loses more than 500 points
New York, U.S.
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.