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9 This was the Dow's close at the peak on January 11, 1973 before the 1973–74 stock market crash. 10 This was the Dow's close at the peak of August 25, 1987 before the Black Monday stock market crash. 11 The Dow reached an intraday high above 3,000 for the first time on Friday, July 13, 1990, before falling back below by the close.
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 global economy is a perpetual motion machine, but U.S. stock exchanges do take breaks: Independence Day is one of nine holidays on which the markets are shuttered (in addition to the weekends).
Here's where US indexes stood at the 4 p.m. closing bell on Wednesday: S&P 500: 5,872.16, down 2.95%. ... Here are five reasons it should deliver a stock market rally this year.
Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour later. The S&P 500 rose 0.6% while the Dow Jones Industrial Average gained 0.4%.
The two tables below show the largest one-day changes between a given day's close and the close of the previous trading day in terms of points. [ 3 ] Largest daily point gains [ 2 ]
The subsequent stock market crash on October 19, 1987 (Black Monday) saw the index lose 20.47% of its value, its highest daily percentage loss to date. [3] Falling to 230.30 by November 1987, the index would take until July 26, 1989, to recover to its pre-crash high of 336.77.