Search results
News about CNBC, small caps, record close
Also in the news
10 hours ago · Updated July 16, 2024. 02:18 PM EDT. The Dow Jones Industrial Average surged to a new record high Tuesday, as blue chips gained while tech stocks lagged. The Dow, which closed at its first record ...
People also ask
Why did the Dow Jones industrial average hit an all-time high?
What is the Dow Jones industrial average?
When did the Dow Jones hit a new high?
How did the 1930s affect the Dow Jones?
4 days ago · July 12 (Reuters) - The Dow Jones Industrial Average scaled an intraday record high on Friday, playing catch-up with two other main U.S. indexes in recent broad-based market gains. The blue-chip ...
- A Brief History of The Dow
- Dow All-Time Highs
- Dow All-Time Lows and Plunges
- The Bottom Line
Journalist Charles Dow and his business partner, Edward Jones, established the Dow Jones Industrial Average in 1896 with 12 companies in the industrial sector. The number of companies included in the index increased to 20 in 1916 and then to the current number, 30, in 1928. Since its inception, the Dow has remained among the most frequently discuss...
The Dow has consistently hit new highs during the 2010s. The longest bull market in history lasted about 11 years, starting in March 2009 and ending in February 2020. Many records were set in 2019, thanks in part to trade talks with China that boosted firms in the index. The Dow had 22 record closes in 2019. The Dow finally broke the 30,000 mark th...
While the recent decade has shown strong economic growth, leading to plenty of record highs for the Dow, there have been significant plunges as well, both over longer periods and in dramatic single-day or single-moment drops. Perhaps the most infamous trough was during the Great Depression, in which the Dow lost about 90%of its value over three yea...
The Dow posted its all-time high during intraday trading on May 16, 2024, reaching a peak of 40,051.05 points. The highest close occurred the day before when the index closed at 39,908.00 points. The peak was led in part by optimism that the Federal Reserve could cut interest rates later this year.
- Peter Gratton
8 hours ago · Indexes gain: Dow 1.85%, S&P 0.64%, Nasdaq 0.20%. NEW YORK, July 16 (Reuters) - Wall Street stocks rose and the Dow Jones Industrial Average hit an all-time closing high on Tuesday after U.S ...
Dec 21, 2022 · The Dow hit all-time closing highs on the first two trading days of January 2022. The most recent Dow record closing was on Jan 4. 2022 when the index closed at 36,799.65. The Dow set several new all-time highs throughout 2021, including one on the last trading day.
- Kimberly Amadeo
Dec 13, 2023 · The Dow Jones Industrial Average hit an all-time high Wednesday, reflecting new optimism that the economy is slowing just enough to bring down inflation without triggering a...
Jun 18, 2024 · Despite these tensions, the Dow surpassed multiple milestones and reached new all-time highs. The index surpassed the 25,000-point mark for the first time, followed by the 26,000, 27,000, and...
