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The bear market that ended four years ago was a once-in-a-lifetime event. In the Dow Jones Industrial Average's century-plus history, only the Great Depression produced a steeper decline in market ...
However, the Dow began an upward trend shortly after the attacks, and regained all lost ground to close above 10,000 for the year. In 2002, the Dow dropped to a four-year low of 7,286 on September 24, 2002, due to the stock market downturn of 2002 and lingering effects of the dot-com bubble. Overall, while the NASDAQ index fell roughly 75% and ...
From its first close of 62.76 on February 16, 1885, the Dow rises steadily for five years, until reaching a peak of 78.38 on June 4, 1890. This record would stand for nearly 15 years, until the Dow closed at 79.27 on March 24, 1905. [2] 1890–1896: Bear market.
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.
Exactly five years ago today, American equity markets hit their all-time highs. Among other indicators, the Dow Jones Industrial Average (INDEX: ^DJI) traded at about 14,000 and the S&P 500 (INDEX ...
Five years ago today, the Dow Jones Industrial Average saw a serious turning point in the then-ongoing subprime-and-Lehman Brothers meltdown. Citigroup , which was a Dow member at the time, said ...
Shanghai Composite dropped to a four-year low, escalating their economic downturn since the 2015 recession. [37] [38] 2020 stock market crash: 24 Feb 2020: The S&P 500 index dropped 34%, 1145 points, at its peak of 3386 on February 19 to 2237 on March 23. This crash was part of a worldwide recession caused by the COVID-19 lockdowns. [39] [40] [41]
Today, Motley Fool editor and analyst Brendan Byrnes discusses the news that pushed the Dow to its highest level since December 2007. The main reason for the great day was an announcement from ...