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This article is a summary of the closing milestones of the Dow Jones Industrial Average, a United States stock market index. Since first closing at 62.76 on February 16, 1885, [ 1 ] the Dow Jones Industrial Average has increased, despite several periods of decline.
As the "Net Change" column shows, 9 of these 20 largest intraday swings occurred during days on which the Dow declined, and 11 occurred during days on which it advanced. None of the top 20 occurred before the year 2018.
However, the Dow continued climbing past 9,000 despite negativity surrounding the 1998 Russian financial crisis along with the subsequent fallout from the 1998 collapse of Long-Term Capital Management due to bad bets placed on the movement of the Russian ruble. [54] On March 29, 1999, the average closed at 10,006.78, its first close above 10,000.
The Dow Jones Industrial Average closed lower by 267 points on Tuesday, or 0.6%, down for its ninth-straight day. The blue chips haven’t closed in the red for nine consecutive days since ...
Dow 10,000: March 29, 1999. The “irrational exuberance” of the tech bubble was in full swing as the Dow gained 1,000 points in less than a year to hit this benchmark.
The S&P 500 edged higher to clinch its 70th record for 2021 while the Dow Jones Industrial Average also edged up to mark its sixth consecutive win. S&P 500, Dow notch new closing records in thin ...
For well over a century, the Dow Jones Industrial Average (DJINDICES: ^DJI) has served as a barometer that gauges the health of the U.S. stock market.. When the Dow Jones was officially incepted ...
Interesting to note that the amount of time it took the Dow to go from its first close above 11,000, to its first close above 12,000 - which was about 7 1/2 years - was the longest time it took the Dow to make one of these 1000pt jumps since the Dow made the first 1000pt jump - from 1000 to 2000, which took from 1972-1987 (15 years).