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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 average closed at 2,999.75 on Monday, July 16, 1990, and closed unchanged the following day; [ 17 ] however, it would take until April 17 of the next year for the Dow to finally close above 3,000.
The first four tables show only the largest one-day changes between a given day's close and the close of the previous trading day, [1] [2] not the largest changes during the trading day (i.e. intraday changes).
The Dow soared from 2,753 to 8,000 between January 1990 to July 1997. [43] In October 1997, the events surrounding the 1997 Asian financial crisis plunged the Dow into a 554-point loss to a close of 7,161.15; a retrenchment of 7.18% in what became known as the October 27, 1997 mini-crash.
The Dow Jones Industrial Average closed lower by 267 points on Tuesday, or 0.6%, down for its ninth-straight day. ... The S&P 500 was also down Tuesday, closing with a decline of about 0.39%.
The average yield on one-year CDs fell below 2 percent APY in 2002, Bankrate data shows. In September 2009, following the global financial crisis, the average one-year CD paid less than 1 percent APY.
The Dow's final closing price of 6,547.05 was 54% lower than an all-time high of 14,164.53 set a year and a half earlier. The S&P 500, which had peaked on the same day as the Dow in 2007, reached ...
Interesting to note that the amount of time it took the Dow to go from its first close above 11,000, to its first close above 12,000 - which was about 7 1/2 years - was the longest time it took the Dow to make one of these 1000pt jumps since the Dow made the first 1000pt jump - from 1000 to 2000, which took from 1972-1987 (15 years).
Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of ...