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It takes 25 years for the Dow to regain its September 1929 high of 381 points. 1930 - Dow Jones becomes incorporated and the comma in the name is dropped. March 12, 1956 - The Dow closes at 500.24 ...
The average was created on July 3, 1884 by Charles Dow, co-founder of Dow Jones & Company, as part of the Customer's Afternoon Letter. From its inception (until May 26, 1896), the Dow Jones Transportation Average consisted of eleven transportation -related companies: nine railroads and two non-rail companies (Western Union and Pacific Mail).
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.
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).
The Dow Jones Industrial Average is on its worst losing streak in nearly 50 years.The major index has fallen for nine straight trading days, its largest stretch of consecutive declines since 1978.
The Dow Jones Industrial average dropped nearly 500 points to hit 29,590 at market close on Friday – its lowest point in nearly two years. Since the Fed started raising interest rates…
On 10 March, the Dow Jones Industrial Average, the NASDAQ Composite, and the S&P 500 all closed 4.9% up, [211] while Asia-Pacific stock markets closed up and European stock markets closed down. [212] [213] Oil prices rose by 10%, [214] while yields on 10-year and 30-year U.S. Treasury securities rose to 0.70% and 1.16% respectively. [215]
NEW YORK (AP) — Dow Jones Industrial Average closes at a record high even as losses for Big Tech pull the S&P 500 and Nasdaq lower.