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14 This was the Dow's close at the peak on January 14, 2000 before the dot-com crash. 15 This was the Dow's close at the peak on October 9, 2007 before the financial crisis of 2007–2008. 16 The Dow first traded above 15,000 on Friday, May 3, 2013 but dropped back before closing that day, it then closed above 15,000 on Tuesday, May 7, 2013.
The Dow Jones Industrial Average crossed 40,000 on Thursday, the first new milestone in over three years as investors bank on an improving economy and corporate profits.
For another, almost no one's 401(k) account sees its performance depend on the Dow, which has become more of a relic used for historical comparisons. The Dow closed above 40,000 for the first time.
The Dow Jones Industrial Average closed above the 40,000 mark Friday for the first time in its 139-year history.
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
Companies across different sectors helped fuel highest closing in the 139-year-old index’s history
Here are some important stops along the Dow’s road to 40,000: Dow is formed: The first daily close, on May 26, 1896, was 40.94. The Dow did not get off to a good start, plunging 30% to an all ...