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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).
The Dow's performance remained unchanged from the closing value of the previous decade, adding only 8.26%, from 99.05 at the beginning of 1910, to a level of 107.23 at the end of 1919. [ 45 ] The Dow experienced a long bull run from 1920 to late 1929 when it rose from 73 to 381 points. [ 46 ]
For well over a century, the Dow Jones Industrial Average (DJINDICES: ^DJI) has served as a barometer that gauges the health of the U.S. stock market.. When the Dow Jones was officially incepted ...
Dow Jones Industrial Average; Closing milestones of the Dow Jones Industrial Average; List of largest daily changes in the S&P 500 Index; List of largest daily changes in the Nasdaq Composite; Stock market crashes in India; List of stock market crashes and bear markets, including: Wall Street crash of 1929 (October 24–29, 1929)
The Dow Jones Industrial Average (DJINDICES: ^DJI) is having a strong year. Technically, Nvidia is the top-performing stock in the Dow this year, at a nearly 190% return, driven by artificial ...
The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after the Federal Reserve’s preferred inflation measure came in largely ...
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 inflation-adjusted high for the first time since the end of 1999. [13] For the remainder of the decade, Dow Jones, NASDAQ, and S&P 500 faced some corrections that nearly ended the bull run, [ 14 ] but ultimately towered ...
Oct. 22, 2008: Widespread corporate losses, which include a $24 billion quarterly loss from Wachovia, point to a 10% year-over-year decline in third-quarter profit. The Dow closes at 8,519.21 ...