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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]
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.
Oct. 9, 2007: The Dow reaches its peak of 14,164.53 points, up 0.9%. Investors ignore the warnings of low corporate-earnings growth and instead focus on the latest Fed meeting notes, which ...
The Dow remains volatile during its ensuing climb, losing almost 20% during the summers of 2010 and 2011, however, by February 1, 2013, the index finally closes above 14,000 for the first time since October 2007. [12] The Dow continues upward to surpass its prior all-time record on March 5, 2013, and, by the end of 2013, sets a new all-time ...
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.
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 ...
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.
That was enough to put the Dow past its previous all-time closing high of 14,164.53, which it Stocks put up solid gains today, as the S&P 500 and the narrower, price-weighted added 1% and 0.9% ...