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The Dow plunges 89% to 41.22 on July 8, 1932, thus erasing 33 years of gains, in just under three years. Although cyclical bull markets occur in the 1930s and 1940s, the index takes 22 years to surpass its previous highs. 1949–1966: Bull market. The Dow posts impressive growth in the booming economy following the Second World War.
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago.
Some sources (including the file Highlights/Lowlights of The Dow on the Dow Jones website) show a loss of −24.39% (from 71.42 to 54.00) on December 12, 1914, placing that day atop the list of largest percentage losses
The Dow remained stuck in a range between 53 and 103 until late 1914. The negativity surrounding the 1906 San Francisco earthquake did little to improve the economic climate; the index broke 100 for the first time in 1906. [43] At the start of the 1910s, the Panic of 1910–1911 stifled economic growth.
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 hit 40,000 for the first time amid renewed investor hopes for a "soft landing" for the U.S. economy after a promising inflation report.
The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 59 times since its inception, on May 26, 1896. [1] As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation's own usage.
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. Dow closes above 40,000 ...