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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 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.
PayPal's stock, meanwhile, has increased by 16% for the year-to-date, and by 150% since the start of 2020. 10:20 a.m. ET: Adobe expects a record U.S. online holiday shopping season despite ...
The Dow rose just 15 points to narrowly break a 10-day losing streak, its worst in 50 years. The S&P 500 and the Nasdaq dipped again, with attention turning to Friday's PCE report.
The Dow traded higher by just 22 points, or less than 0.1%, shortly after the opening bell. Both the Nasdaq and S&P 500 dropped as technology stocks sank following earnings misses from Snap and Intel.
On Friday, 20 March 2020, Asia-Pacific and European stock markets closed mostly up, [375] [376] while the Dow Jones Industrial Average, the NASDAQ Composite, and the S&P 500 all closed down 4% (with the Dow eclipsing its one-week decline from 24 to 28 February 2020 to finish at its largest one-week decline since the financial crisis of 2007 ...
4:00 p.m. ET: Dow drops 1,400 points, ending in bear market. The Dow closed Wednesday’s session at a level of 23,553.22, or 20.3% below its recent closing high of 29,551.42 from February 12.
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