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13 The Dow first traded above 10,000 on Tuesday, March 16, 1999, but dropped back before closing that day. The Dow closed at 9,997.62 on Thursday, March 18, 1999. [18] It would take nearly two weeks to close above 10,000 on Monday, March 29, 1999. 14 This was the Dow's close at the peak on January 14, 2000 before the dot-com crash.
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 ...
The Dow's performance remained unchanged from the closing value of the previous decade, adding only 8.26%, from 99.05 at the beginning of 1910, to a level of 107.23 at the end of 1919. [ 46 ] The Dow experienced a long bull run from 1920 to late 1929 when it rose from 73 to 381 points. [ 47 ]
The average rate for shorter 15-year terms is 6.19% for purchase and 6.20% for refinance, down 11 basis points from 6.30% for purchase and 10 basis points from 6.30% for refinance this time last week.
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
Average mortgage rates are up moderately week over week as of Wednesday, November 20, 2024, with the 30-year benchmark hovering under 7.00% — its highest level since July.
The US Census, since 1940, has asked home owners to estimate the value of their homes. The home-owners' estimates reflect an appreciation of 2% per year in real terms, which is significantly more than the 0.7% actual increase over the same interval as reflected in Case-Shiller index.
Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...