Transfer shock refers to the tendency of students transferring from one institution of higher education to another to experience a temporary dip in grade point average during the first or second semester at the new institution as defined by Hills (1965). A subsequent recovery in grade point average is also common.
Some sources (including the file Highlights/Lowlights of The Dow on the Dow Jones website) show a loss of â24.39% (from 71.42 to 54.00) on December 12, 1914, placing that day atop the list of largest percentage losses.
The Dow Jones Industrial, 1928â1930. The Wall Street Crash of 1929 was the greatest stock market crash in the history of the United States. It happened on the New York Stock Exchange on Tuesday October 29, 1929, now known as Black Tuesday. The crash started the Great Depression and stock prices did not reach the same level until late 1954.