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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 the S&P 500 index fell roughly 50% between 2000 and 2002, the Dow only fell 27% during the same period.
The Dow Jones Industrial Average closed lower by 267 points on Tuesday, or 0.6%, down for its ninth-straight day. ... Trump vowed to “knock out” drug-industry middlemen. The Dow’s losing ...
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, 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.
1930 - Dow Jones becomes incorporated and the comma in the name is dropped. March 12, 1956 - The Dow closes at 500.24, the first close above 500. November 14, 1972 - The Dow closes at 1,003.16 ...
The American economy has always been cyclical, going from boom to bust and back again. However, 2020 saw an entire economic cycle in a matter of months. The economy was in a solid expansion at the...
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.
Oct. 22, 2008: Widespread corporate losses, which include a $24 billion quarterly loss from Wachovia, point to a 10% year-over-year decline in third-quarter profit. The Dow closes at 8,519.21 ...