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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.
This is distinguished from a point swing, which is defined as the difference between the intraday high and the intraday low. Such records that turned negative are also recorded in a separate list. The opening price is used to calculate the point gain. The previous day close is used to calculate the net change.
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 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 ...
The Dow Jones Industrial Average is up 6.8% year to date. As of 1:25 p.m. EST today, it's up 1% to 14,004 on the day -- just 160 Dow Closing In on All-Time High
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 ...
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.
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).