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It was created by Charles Dow, co-founder of both The Wall Street Journal and Dow Jones & Company, and named after him and his business associate, statistician Edward Jones. The index is maintained by S&P Dow Jones Indices, an entity majority-owned by S&P Global. Its components are selected by a committee.
The Dow Jones Industrial Average dropped 748.63 to 43,428.02, and the Nasdaq composite sank 438.36 points to 19,524.01. Before Friday’s sharp drop, the S&P 500 had been heading for a week of ...
The Dow Jones Industrial Average fell nearly 300 points and the S&P 500 slipped from record highs, ending the day about 0.2% lower. The Nasdaq Composite eked out a small gain.
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] Tom Petruno of the LA Times points out that "the U.S. stock market meltdown this year isn't happening in isolation. Major European stock markets also are down more than 20% since Jan. 1.
The S&P 500 rose 0.6% while the Dow Jones Industrial Average gained 0.4%. Friday was an abbreviated trading day, with stocks closing at 1 p.m. ET and the bond market an hour later.
The Dow Jones Industrial Average closed lower by 267 points on Tuesday, or 0.6%, down for its ninth-straight day. ... The S&P 500 was also down Tuesday, closing with a decline of about 0.39%.
2 This was the Dow's close at the peak on June 4, 1890. 3 This was the Dow's close at the peak on January 19, 1906. 4 This was the Dow's close at the peak on November 3, 1919. 5 This was the Dow's close at the peak of the 1920s bull market on Tuesday, September 3, 1929, before the stock market crash. This level would not be seen again until ...
US stocks declined on Tuesday, plunging the Dow Jones Industrial Average to its first nine-day losing streak since 1978. The index shed over 250, trailed by a loss of 0.43% and 0.51% for the S&P ...