Word: largest
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Dates: during 1980-1989
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...least in financial circles, Sept. 11 will forever be famous for more than being the birthday of D.H. Lawrence, Ferdinand Marcos and Dallas Cowboy Coach Tom Landry. Shocking investors both here and abroad, the Dow Jones industrial average nose-dived 86.6l points last Thursday, the largest one-day drop in the history of the New York Stock Exchange. Bond prices also fell, although not so sharply, amid renewed market worries that the U.S. economy was about to face higher interest rates and increased inflation...
...carnage was not confined to the U.S., since traders abroad are also worried about the prospects for the American economy. The tremor hit the London Stock Exchange, driving it down 27.3 on Thursday, its ninth greatest drop. In Ontario, the Toronto Stock Exchange dropped 2.4%, its largest one-day fall in 6 1/2 years. The day was "wild and woolly -- one of those rocket sessions," said Ron Woods of Merit Investment of Toronto. There was also a surge of selling on the Tokyo Stock Exchange, and even a fistfight. Two young traders punched each other as they fought to execute...
Investors tried to put the bloodbath in perspective. While severe, it still left the Dow 212 points above what it was at the start of 1986 and a remarkable 1000 points above its level in August 1982, when the bull market started. Quantitatively, it was the largest falloff ever, but the 4.6% drop in share values on Thursday was nowhere near the chilling 12.8% plunge of the Great Crash...
...time, however, the University has neglected to make a concerted, institutional response to the specific problem of homelessness in the City of Cambridge. Although Harvard cannot be expected to solve all the problems of urban poverty, it can lend a helping hand in its capacity as the city's largest property owner, landlord, and number one corporate citizen...
...relationship between Harvard and Cambridge should not be a tale of two cities, a story of the haves and the have nots. For the marriage between town and academic gown cannot last another 350 years if Cambridge's largest institution stands in isolation from the rest of the city...