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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 largest point drop in history occurred on March 16, 2020, when concerns over the ongoing COVID-19 pandemic engulfed the market, dropping the Dow Jones Industrial Average 2,997 points. The largest point gain (+2,113) occurred on March 24, 2020.
The average was created on July 3, 1884 by Charles Dow, co-founder of Dow Jones & Company, as part of the Customer's Afternoon Letter. From its inception (until May 26, 1896), the Dow Jones Transportation Average consisted of eleven transportation-related companies: nine railroads and two non-rail companies (Western Union and Pacific Mail).
Through Tuesday’s close, the S&P 500 is up 15% this year and more than 60% from the March 23 lows. The Nasdaq ( ^IXIC ) has done quite a bit better, rising 42% since January 1 and more than 85% ...
The Dow Jones Industrial Average finished in five digits for the first time in its history on March 29, 1999, finally clearing a hurdle that had proven too high in recent The Dow's Last Great ...
On April 2, 2019, Dow Inc. replaced DowDuPont. Dow, Inc. is a spin-off of DowDuPont, itself a merger of Dow Chemical Company and DuPont. [27] [28] [29] On April 6, 2020, Raytheon Technologies replaced United Technologies. Raytheon is the name of the combination of United Technologies and the Raytheon Company, which merged as of April 3, 2020.
The largest single-day point decline for the Dow occurred on March 16, 2020 when the index fell 2,997 points, or 12.9 percent. ... The market finally bottomed in July 1932 with the Dow closing at ...
The contents of the Historical record closes of the Dow Jones Industrial Average page were merged into Closing milestones of the Dow Jones Industrial Average on 7 June 2017. For the contribution history and old versions of the redirected page, please see its history ; for the discussion at that location, see its talk page .