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13 The Dow first traded above 10,000 on Tuesday, March 16, 1999, but dropped back before closing that day. The Dow closed at 9,997.62 on Thursday, March 18, 1999. [18] It would take nearly two weeks to close above 10,000 on Monday, March 29, 1999. 14 This was the Dow's close at the peak on January 14, 2000, before the dot-com crash.
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 ...
However, the Dow began an upward trend shortly after the attacks, and regained all lost ground to close above 10,000 for the year. In 2002, the Dow dropped to a four-year low of 7,286 on September 24, 2002, due to the stock market downturn of 2002 and lingering effects of the dot-com bubble. Overall, while the NASDAQ index fell roughly 75% and ...
With its 0.04% gain Thursday, the Dow finally broke its 10-day losing streak, the worst since the 70s. But this week’s performance was yet another reminder of why the historically important ...
Yahoo Finance's Brian Cheung details the market's reaction to news regarding a new COVID-19 variant and if market plunges will affect the Fed's tapering timeline.
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 ...
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 ...
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).