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Oct. 9, 2008: Frozen credit markets and the failure of Citi's effort to buy Wachovia prompt a sell-off on the one-year anniversary of the market's peak. The Dow closes at 8,579.19, down 7.3%. The ...
The Dow's losses amount to roughly 3%, or more than 1,500 points, in the past nine trading sessions. The index has fallen from a record close of 45,014 on Dec. 4 to 43,499 as of Tuesday's close.
Despite the recent losses, the blue chips are up by 16% so far this year. Not only that, but the Dow is still about 1,500 points (3.5%) higher than it was on Election Day.
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 ...
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.
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 ...
4 This was the Dow's close at the peak on November 3, 1919. 5 This was the Dow's close at the peak of the 1920s bull market on Tuesday, September 3, 1929, before the stock market crash. This level would not be seen again until Tuesday, November 23, 1954, more than 25 years later. 6 This was the Dow's close at the peak of March 10, 1937.