As we reflect on the death of Osama Bin Laden at the hands of U.S. Forces yesterday in Pakistan, it pays to go back and look at what the market was doing when September 11th actually happened. The day before, September 10th, the Dow Industrials closed at 9605. Of course the market shut down for the better part of a week and when it came back, the first day back of trading, the Dow dropped 685 points. For the week after the attacks, the market dropped better than 14%. Now if we fast forward 9 1/2 years, we will see that the Dow is up about 33% since then, NASDAQ up 70% since September 11, 2001.
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