Search results
Results from the WOW.Com Content Network
Dow Inc. remained in the Dow Jones Industrial Average, which technically gave DuPont (via the split) a continuous presence in the index since 1935. This officially comes to an end today.
The S&P 500 rose 0.1% as three out of every four stocks in the index climbed. The Dow Jones Industrial Average added 221 points, or 0.5%, and the Nasdaq composite slipped 0.2%.
US stocks rose Friday, with the Dow Jones closing at a record high for the second day in a row. The S&P 500 and the Dow achieved a four-month win streak in August amid renewed hopes for a soft ...
The Dow Jones Composite Average is the stock market index composed of 65 prominent companies traded on both exchanges, maintained and tracked by S&P Dow Jones Indices.The average's components include every stock from the Dow Jones Industrial Average (30 components), the Dow Jones Transportation Average (20), and the Dow Jones Utility Average (15).
The broad-based S&P 500 lost 0.8%, recovering after dropping as much as 1.9%, while the tech-heavy Nasdaq composite index closed 1.2% lower after shedding as much as 2.5%.
First calculated on May 26, 1896, [2] the index is the second-oldest among U.S. market indices, after the Dow Jones Transportation Average. It was created by Charles Dow , co-founder of both The Wall Street Journal and Dow Jones & Company , and named after him and his business associate, statistician Edward Jones .
The Dow Jones Industrial Average gained 130.92 to 44,156.73, and the Nasdaq composite jumped 252.56 to 20,009.34. In stock markets abroad, indexes were mixed in Europe and Asia.
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.