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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 intraday high may not be the same as the opening price; for instance, in the 2010 flash crash, the market reached an intraday high, higher than the opening price.) [48] This is distinguished from an intraday point drop or gain, which is the difference between the opening price and the intraday low or high.
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.
The Dow hit a 10th straight day of losses, its worst streak since 1974, as stocks plummeted amid the outlook for fewer rate cuts in 2025. ... Dow drops 1,123 points and bond yields soar as markets ...
The suggestion of three rate cuts on the menu in 2024 left Wall Street salivating, with the Dow closing at a record high. “Inflation has eased from its highs, and this has come without a ...
The Dow's final closing price of 6,547.05 was 54% lower than an all-time high of 14,164.53 set a year and a half earlier. The S&P 500, which had peaked on the same day as the Dow in 2007, reached ...
Jul 1990 USA: Iraq invaded Kuwait in August 1990, causing oil prices to increase. The Dow Jones Industrial Average dropped 18% in three months, from 2,911.63 on 3 July to 2,381.99 on 16 October 1990. This recession lasted approximately 8 months. Japanese asset price bubble: 1991 Japan
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%.