Stock market now lowest since Oct. 1996

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This is the S&P 500

Close today: 700.82
Low today: 699.70

Down 55% from the highs of Oct. 2007.

Last lower low: 696.22 on Oct. 29, 1996
Last lower close: 697.26 on Oct. 28, 1996

What was going on then.

Clinton was running for re-election. He win by a decent margin the next week.
OJ's civil trial had just started.
FauxNews had launched earlier in the month.
The Freedom of Information Act had been signed by Clinton earlier in the month.
Clinton had signed welfare reform in August.
The first free version of Internet Explorer was released in August.
MSNBC was launched in July.

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Close today: 696.33
Low today: 692.30

Last lower close: 694.61 on Oct. 10, 1996
Last lower low:    691.78 on Oct. 3, 1996

The last day that the market was lower than its low today, the market had opened at a record high of 694.01.

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More record lows today.

Close today 682.55
Low today 677.93

Last lower close Sept 18 1996: 681.47
Last lower low Sept 13 1996: 671.15