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The Dow dropped by 697 points, closing at 41,938, while the S&P 500 fell by 1.5% and the tech-heavy Nasdaq index was lower by 1.6%. The three indices all finished the week in the red as Friday’s ...
In 2003, the Dow held steady within the 7,000 to 9,000-point level and recovered to the 10,000 mark by year end. [57] The Dow continued climbing and reached a record high of 14,198.10 on October 11, 2007, a mark which was not matched until March 2013. [58] It then dropped over the next year due to the 2007–2008 financial crisis.
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong start to earnings season.
The Dow added 2.3% this month, while the S&P 500 rose 4.8%. The Nasdaq gained 6.88%, notching its best month going back to November. ... Traders also reacted to the latest corporate earnings results.
Big banks kicked off quarterly earnings season with strong results. That, coupled with the consumer inflation report, provided the fuel for Wednesday's rally, analysts said. ... The Dow fell over ...
The index was created in 1929 when all utility stocks were removed from the Dow Jones Industrial Average. On April 20, 1965, the index closed at 163.32. On September 13, 1974, the index closed at 57.93.
14 This was the Dow's close at the peak on January 14, 2000 before the dot-com crash. 15 This was the Dow's close at the peak on October 9, 2007 before the financial crisis of 2007–2008. 16 The Dow first traded above 15,000 on Friday, May 3, 2013 but dropped back before closing that day, it then closed above 15,000 on Tuesday, May 7, 2013.
The Dow Jones Industrial Average shed 486 points, or 1.6%, briefly falling into bear market territory at one point during the session and closing at a 2022 low. And the technology-heavy Nasdaq ...