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The stock market has surged since October 2022, with major indexes posting strong gains. With the bull market in stocks now two years old, investors are wondering how long the rally can last.
The Dow's losses amount to roughly 3%, or more than 1,500 points, in the past nine trading sessions. The index has fallen from a record close of 45,014 on Dec. 4 to 43,499 as of Tuesday's close.
The Dow Jones Industrial Average (DJINDICES: ^DJI) is up by 18% in 2024 and the S&P 500 (SNPINDEX: ^GSPC) gained 27% in the same period. As of December 9, the tech-heavy Nasdaq Composite ...
1919–1921: Bear market. The Dow loses 46.6% of its value in just over 21 months, before reaching a low of 63.90 on August 24, 1921. [5] 1921–1929: Bull market. Over the next eight years, the Dow increases nearly 500%, and eventually grows to a closing high of 381.17 on September 3, 1929. 1929–1949: Bear market.
“In the next 12 months it seems like small-caps can be up 50%,” he told CNBC Friday, arguing the Russell 2000 index, which tracks U.S. stocks with an average market capitalization of just $2.8 ...
Dow Jones Industrial Average: 5,867.07, down 0.09% . Nasdaq composite: 19,372.77, down 0.10%. ... The Fed dialed down its outlook for rate cuts next year from four to two, with Fed Chair Jerome ...
The Battle of the Bulls and Bears (Harper's Weekly, September 10, 1864) Some more examples of market bottoms, in terms of the closing values of the Dow Jones Industrial Average (DJIA) include: The Dow Jones Industrial Average hit a bottom at 1,738.74 on October 19, 1987, following a decline from 2,722.41 on August 25, 1987.
The Dow Jones Industrial Average promptly finished Wednesday's session down more than 1,100 points. It rallied slightly on Thursday, but the selling pressure renewed on Friday.