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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 ...
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 ...
Dow theory asserts that major market trends are composed of three phases: an accumulation phase, a public participation (or absorption) phase, and a distribution phase. The accumulation phase ( phase 1 ) is a period when investors "in the know" are actively buying (selling) stock against the general opinion of the market.
The Dow Jones Industrial Average rose nearly 500 points, giving back some of its intraday gains after being up over 800 points. The Nasdaq Composite and the S&P 500 were up over 1%.
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 on ...
The Dow hit a 10th straight day of losses, its worst streak since 1974, as stocks plummeted amid the outlook for fewer rate cuts in 2025. ... Stock market today: Dow drops 1,123 points and bond ...
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