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The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (/ ˈ d aʊ /), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes.
In February 2007, a coming recession and bear market was predicted by Paul Lamont due to a growing debt bubble, the housing bubble and lack of car sales. [12] High oil prices have impacted global economic growth, causing the Dow's 12th bear market since 1962 and the first since 2002 according to The Washington Post. [13]
United States bear market of 2007–2009: 11 Oct 2007 USA: From their peaks in October 2007 until their closing lows in early March 2009, the Dow Jones Industrial Average, Nasdaq Composite and S&P 500 all suffered declines of over 50%, marking the worst stock market crash since the Great Depression era. [16] [17] 2008 financial crisis: 16 Sep ...
Stocks are rallying today as blue-chip indexes finally surpass their 2007 records. As of 2:50 p.m. EST, the Dow Jones Industrial Average is up by 135 points, or 0.95%. As my colleague Alex ...
May 26, 1896 - The first index, made up of 12 industrial companies, is published and the Dow opens at 40.94 points. January 12, 1906 - The Dow closes at 100.25, the first close above 100.
We finally got there! Stocks put up solid gains today, as the S&P 500 and the narrower, price-weighted added 1% and 0.9%, respectively. That was enough to put the Dow past its previous all-time ...
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.
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.