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For the 13 presidents beginning with Truman, total job creation was about 70.5 million for the 7 Democratic presidents and 29.1 million for the 6 Republican presidents. The Democratic presidents were in office for a total of 429 months, with 164,000 jobs per month added on average, while the Republicans were in office for 475 months, with a ...
The Dow debuted in 1896, so William McKinley was the first president to have the Dow exist for his full term. Click through to learn more about how presidential and stock market performances are ...
The Dow enters two long downturns in 1970 and 1974; during the latter, it falls 45% to the bottom of a 20-year range. Three short-lived cyclical bull markets occurred during this period, each of which lasted no more than two years. 1982–2000: Bull market. The Dow experiences its most spectacular rise in history.
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 ...
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The average life expectancy for U.S. males was 46.9 years.Breaking 100: It took the Dow just shy of 10 years from its inception in 1896 to hit the 100 mark for the first time.The index's creator ...
When the economy emerged from this short recession, it began the second-longest period of growth in NBER history. [40] The Dow Jones Industrial Average (Dow) finally reached its lowest point on February 20, 1961, about 4 weeks after President John F. Kennedy was inaugurated. [citation needed] Recession of 1969–1970: December 1969 – November ...
At that pace, $50 invested weekly in the Vanguard S&P 500 ETF would be worth $101,000 in 15 years and $705,000 in 30 years. Dow Jones Industrial Average: 15-year return of 362% (10.7% annually)