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Dow Jones Industrial Average: 42,528.36, down 0.42% (-178.20 points) Nasdaq composite : 19,489.68, down 1.89% The losses come after a new set of economic data raised concerns over sticky inflation.
The average closed at 2,999.75 on Monday, July 16, 1990, and closed unchanged the following day; [17] however, it would take until April 17 of the next year for the Dow to finally close above 3,000. 12 The Dow first exceeded 4,000 during the trading day on Monday, January 31, 1994, but dropped back before closing that day.
Here's where US indexes stood at the 4 p.m. closing bell on Wednesday: S&P 500 : 5,872.16, down 2.95%. Dow Jones Industrial Average : 42,326.87, down 2.58% (-1,123 points).
The Dow Jones Industrial Average gained 15 points, ending barely higher after losing more than 1,100 points on Wednesday. The index, however, managed to break its longest losing streak in 50 years.
The largest point drop in history occurred on March 16, 2020, when concerns over the ongoing COVID-19 pandemic engulfed the market, dropping the Dow Jones Industrial Average 2,997 points. The largest point gain (+2,113) occurred on March 24, 2020.
The Dow Jones Industrial Average daily closing value plotted on a log-10 scale Despite the emerging COVID-19 pandemic , the Dow continued its bull run from the previous decade before peaking at 29,551.42 on February 12, 2020 (29,568.57 intraday on the same day).