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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.
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.
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 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.
The Dow Jones Industrial Average closed lower by 267 points on Tuesday, or 0.6%, down for its ninth-straight day. The blue chips haven’t closed in the red for nine consecutive days since ...
On October 28, 1929, dubbed "Black Monday," the Dow Jones Industrial Average fell by nearly 13%. The next day, labeled "Black Tuesday," saw an additional drop of nearly 12% in the market.
According to Marketwatch, S&P 500 annual average growth was 13.84% under Obama and 13.73% under Trump. The Dow Jones Industrial Average grew 12.10% on average under Obama versus 11.77% under Trump. [159] President Trump cut corporate income taxes by about one-third and increased budget deficits. [160] [161]
Trump's request for Congress to approve $500 billion in cash payments to taxpayers along with $50 billion in loans for airlines failed to stem the bleeding in the stock market, where the Dow Jones ...