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May 17, 2024 · The Dow crossed its latest 10,000 point threshold briefly on Thursday and closed above 40,000 Friday — at 40,003.59 to be exact. It took about three and a half years to make the leap from 30,000 points, which it first crossed in November 2020.
- 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
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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.
Dec 13, 2023 · Dow scores its highest close in history. Here’s what that means in the big picture. Last Updated: Dec. 13, 2023 at 9:35 p.m. ET First Published: Dec. 13, 2023 at 4:40 p.m. ET. By. Frances Yue....
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.
May 17, 2024 · The Dow Jones industrial average finished above 40,000 for the first time on Friday afternoon, doubling where the index hit shortly after Donald Trump became the 45th president. The Dow flirted...
May 17, 2024 · The Dow rose 134 points, or 0.3%, to close at a record high of 40,003.59. This is the Dow’s fifth consecutive winning week. The S&P 500 gained 0.1% and the Nasdaq Composite closed 0.1%...
YearAverageclosing PriceYear OpenYear High202438,627.4337,715.0440,003.59202334,121.5433,136.3737,710.10202232,898.3436,585.0636,799.65202134,055.2930,223.8936,488.63
