Dow Highest Final Records
The DJIA Top Highs and Lows Since 1929
The Dow Jones Industrial Average (the Dow) is the indicator of the 30 top-performing U.S. firms. The maximum closing listing is 29,551.42 put on Feb. 12, 2020.1 Investors were encouraged the trade wars initiated by President Donald Trump were resolved. They enjoyed the three interest rate of the Federal Reserve reductions in 2019.
The stock exchange crash of 2020 started on March 9, 2020. The Dow dropped a listing 2,013.76 points into 23,851.02. It was followed by 2 record-setting stage drops on March 12 and March 16. The stock exchange crash comprised the three worst stage drops in U.S. history.
On March 11, the Dow closed in 23,553.22down 20.3% by the Feb. 12 high. That started a bear market and finished the 11-year bull market that began in March 2009. Investors were concerned about the effects of the COVID-19 coronavirus outbreak.
The market is historically performed by the stock exchange. A keep market (prices decrease 20 percent or more) happens during a downturn and a bull market (prices rise ) through an expansion. A bull market was operating since March 11, 2009, when the Dow closed in 6,930.4. It has not fallen 20% since then, which makes it the longest-running bull market in U.S. history.
The Dow Jones Industrial Average one of stock exchange performance of the gauges. This history of the Dow because the Great Depression shows how stock market changes reflect the natural phases of this industry cycle.
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Record Highs Set in 2020
The Dow began 2020 using a record of 28,868.80. A second album was set by it. It then specifies a landmark on Jan. 15 as it climbed over 29,000.2
Record Highs Set in 2019
In 2019, the Dow place 22 record closes and hit two landmarks. On July 3, the Dow hit a new high if the Trump administration declared it would restart trade negotiations with China, preventing additional tariffs (taxes on imports).2
The Dow reacted during the latter portion of 2019 with highs, although trade discussions had broken down till November. It hit a landmark on July 11, shutting over 27,000, and then another on Nov. 15--final over 28,000 (in the graph below, milestones are mentioned ).
Record Highs Place in 2018
The Dow struck three landmarks that were 1,000-point. It struck two of these at the first couple of months in January, closing over 25,000 on Jan. 4.2 The indicator breached 26,000 on Jan. 17, then proceeded to put 15 closing recordings in the remainder of 2018.
The documents set in the autumn were the first ones because the Dow attained 26,616.71 on Jan. 26, 2018. After hitting on the Jan. 26 summits, the Dow went into free fall, falling 4 percent another week. On Feb. 8, it entered a marketplace correction as it dropped 1,032.89 points into 23,860.46.
Investors were encouraged by the progress made on Trump's North American Free Trade Agreement renegotiation. On Aug. 27, 2018, the Dow finished a six-month correction (a decrease of 10 percent or more) as it attained 26,049.64. This was 10% over its final low of 25,533.20, attained on March 23. When a correction lasted this is the correction because 1961
Record Highs Set in 2017
70 closing recordings were set by the indicator. The Dow reached five landmarks that were 1,000-point in 1. On Jan. 25, 2017, the index closed at 20,068.51.2
Following closure over 19,000, this happened only 42 trading sessions. That's the second-fastest increase in U.S. history (now, the listing is currently 24 sessions to move from 10,000 to 21,000 in 1999).
Over 21,000 which followed a run, it closed on March 1, 2017. This is the longest such streak since the album 13-day elongate in 1987.4 After the Dow breached22,000 on Aug. 2, 2017, it turned into the very first time to hit such landmarks in 1 year.
The index closed over 23,000 on Oct. 18, 2017; marginally over a month after, it broke 24,000. The Dow had two stripes lasting.
The indicator had three nine-day runs, continue happening in 1955 (if there were four nine-day stretches). The Dow always moved greater eight weeks in a row (the previous occurrence of the was in 1995). 2017 finished with 5 records that were landmark set, the calendar year.
Record Highs Set in 2016
The Dow had 26 closing recordings in 2016 and struck one landmark. Of the 26 documents annually, set, 17 happened after the elections. The indicator's 2016 final high was 19,974.62, place on Dec. 20, 2016.
The Dow suffered a market correction involving Aug. 2015 and April 19, 2016, resulting in a 2016 downturn. It started on Jan. 4, when the Dow closed 160 points lower as investors concerned about a downturn in China's economic expansion.
From Jan. 7, 2016, the Dow had dropped 5.2percent to 16,514.10, the worst annual start. The following day, it fell to 16,346.45. In that week, the Dow dropped 1,078.58 points (6.18%) together with all the harm continuing.
From Jan. 20, it shut in 15,766.74, as investors panicked over plummeting oil prices, the devaluation of the yuan, and chaos in China's stock exchange. It then dropped to a low of 15,660.18 on Feb. 11.
In July and August, the Dow climbed as investors flocked to secure U.S. markets following turbulence rocked the European Union. On June 24, the Dow dropped 610.32 points that the day following Brexit (if the United Kingdom voted to leave the EU). This endangered U.S. companies, the U.K.'s biggest shareholders.
A November streak happened after Donald Trump's presidential victory on Nov. 8. Dealers were convinced at a business-friendly Republican president. The Dow closed over 19,000 on Nov. 22.
Record Highs Set in 2015
The Dow struck on six final recordings and one landmark in 2015. After establishing the record high in May 2015, the Dow dropped 531 points on Aug. 21, final at 16,459.75.2 On Aug. 24, Black Monday, it dropped another 1,089 points at the first few minutes of trading to 15,370.33.
That correction was greater than 16% lower compared to its all-time large set placing the indicator. Investors feared that China's yuan devaluation and the doubt within the Fed's rate increase would push the indicator farther down.
The market closed higher at 15,871.39. The sell-off lasted on Tuesday (Aug. 25) if the Dow closed in 15,666.44, but recovered its up momentum on Wednesday, closing at 16,285.51.
Since it had been based on just a couple of businesses, the Dow was explosive in 2015. Interest rates enabled companies like IBM and Apple to borrow billions to buy shares back. These activities unnaturally raised their earnings per share along with also the costs of the staying outstanding stocks (stocks that are still held by investors ).
Record Highs Set in 2014
The Dow place and place 39 final records. It's reduced for the year was 15,372.80, attained on Feb. 3.2 Share repurchases one of the S&P 500 businesses were 59% higher in the first quarter of 2014 compared to the initial quarter in 2013. In total, $159.3 billion has been invested. It was the biggest amount since 2007 before the stock exchange crashed.
On April 30, 16,000 was surpassed by the Dow. On July 3, it broke 17,000; and on July 16it struck a new album, before going to a correction for 2 months.
The Federal Open Market Committee declared on Oct. 31 that it would not increase interest rates until 2015. The warranty was applauded by investors for the rest of 2014 for interest rates.
The index closed over 18,000 on Dec. 23, then shut its high for the year in 18,053.71 on Dec. 26. The graph below shows four of these documents that are final, as they rise by the million.
Record Highs Set in 2013
Two Dow milestones have been achieved in 2013. The Dow gained 3,472.56 points throughout 2013, greater than any previous year on record. Its percent growth was 26.5 percent.
The indicator recovered from the excellent Recession on March 5, 2013, final at 14,253.77.2 It took five years to transcend its previous listing of 14,164.53place on Oct. 9, 2007.
The Dow climbed for the very first time May 7 above 15,000. You will find 52 closing recordings for the year. The graph below reveals 12 of these documents: Dow Jones Action from 1929 to 2009
The action of the Dow broke records in 2009 concerning downward motion. The fall happened while it was not as striking since the Great Depression. The Dow continued to be influenced by numerous periods and disasters, after recovering from the Great Depression degree.
The 2008 stock exchange crash was more spectacular than any other recession in U.S. history. The market dropped more than 50 percent in 17 months. This was the 90% fall throughout the Great Depression. It took four decades in the moment out to the market to bottom.
On Oct. 9, 2007, the Dow closed at its all-time large (pre-recession) of 14,164.43. Fourth-quarter gross domestic product growth (GDP) contracted 1 percent, announcing the beginning of the downturn (it was afterward re-estimated in a favorable 2.9percent ).
The Dow began to decrease. Following the collapse of also a GDP report from Q2 2008 and Bear Stearns in April 2008, the Dow fell to 11,000. Analysts believed that this decrease was the industry bottom.
On Monday, Sept. 15, 2008, Lehman Brothers Holding, Inc. (an investment bank) declared bankruptcy. On Wednesday investors withdrew 144 billion in money market funds.
On Sept. 29, 2008, the Dow dropped 777.68 points.2 It has been its significant single-day point drop. Investors were shocked when the U.S. House of Representatives refused a $700 billion bailout bill to rescue failing banks.
The Senate reintroduced the bailout since the Troubled Asset Relief Program on Oct. 3. The Dow dropped 13. From Nov. 20, 2008, it dropped to 7,552.29, a brand new low.
This was not the market . The Dow increased to 9,034.69 on Jan. 2, 2009, before screeching down to 6,594.44on March 5, 2009.
On July 24, 2009, the Dow reversed course. It beat its January high, increasing to 9,093.24 from the finish of the day.
Stock exchange gains because the 2008 financial catastrophe were fair in quantity. Just 3 times traded a degree like the 1990s, over 200 million shares. Volume did not return and dropped after the downturn.
The Dow appeared on Jan. 14, 2000, final at 11,722.98, as a result of the boom in online businesses.2 It had been the conclusion of one of the best bull markets in U.S. history. The Dow had climbed 1,409% because its 776.82 near on Aug. 12, 1982.
It began falling hitting on its underside of. It recovered an up momentum, hitting 11,124.83 on April 25, 2000. It bounced around within this range till March 14, 2001, as it fell to 9,973.46. This started the 2001 downturn. Before the markets closed after the strikes, the Dow bounced around. After the markets reopened on Sept. 17, 2001, the Dow fell to 8,920.70.
The danger of war drove the Dow down till Oct. 9, 2002. On this day, it closed at 7,286.27, a 37.8% decrease from its summit. The recession ended in November. Nobody knew if a brand new bull market had started before the Dow hit a high low on March 11, 2003, final at 7,524.06.1998 Currency Crisis
On July 2, 1997, on its peg cuts to the dollar after failing to defend its own currency
Money values dropped throughout Southeast Asia. On Oct. 27, 1997, the Dow dropped 554.26points because of its largest point loss ever at the time.2 It shut at 7,161.15, a 7 percent reduction, leading to the U.S. stock exchange suspending trading.
On Aug. 17, 1998, Russia devalued the ruble and defaulted on its bonds.6 From Aug. 31, the Dow had dropped 13 percent, from 8,714.64 on Aug. 18 to 7,539.06 on Aug. 31. The Long-Term Capital Management hedge fund collapsed, threatening to drive on its bank's investors. Former Federal Reserve Chairman Alan Greenspan persuaded them to encourage the hedge fund, preventing additional disaster.
On Aug. 2, 1990, Iraq invaded Kuwait. The Dow dropped 17 percent in 3 weeks, from 2,864.60 on Aug. two to 2,365.10 on Oct. 11, 1990, .21987 Stock Market Crash
On Oct. 19, 1987, the Dow dropped 23 percent, from 2,246.73 into 1,738.74.2 The Black Monday stock market crash might have been due to computer trading which compelled market orders once the market decreased. The Dow did not recover its Aug. 25, 1987, summit of 2,722.42 for a couple of decades. The reduction of liquidity from this crash resulted in the savings and loan crisis in 1989.1980--1982 Recession
The Dow fell 16 percent, from a high of 903.84 on Feb. 13, 1980, to a low of 759.13 on April 21, 1980.2 The Federal Reserve, under Paul Volcker, reduced the federal funds rate (the rate of interest for banks to loan cash instantly to every other) to 8.5percent in reaction.
The Dow climbed to 1,024.05 on April 27, 1981. The Fed raised rates to fight. From Aug.12, 1982, the Dow had fallen 22.6percent to 776.92.1973--1975 Recession
On Dec. 4, 1974, the Dow closed in 598.64.2 It'd dropped 45 percent from the peak of 1,051.70 on Jan. 11, 1973. President Nixon helped by finishing the standard, produce this downturn.1970 Recession
The Dow fell 30 percent between Dec. 3, 1968, and May 26, 1970. It dropped from a high of 985.21 into a low of 631.16.21962 Cuban Missile Crisis
The USA established a trade embargo against Cuba on Feb. 7, 1962.7 8 The Dow fell 26.5percent from the post-election height of 728.8 on Dec. 1, 1961, to its June 26, 1962, reduced of 535.76.2 Tensions escalated on Oct. 14, 1962, when U.S. spy satellites detected Soviet nuclear missile bases in Cuba.
President John F. Kennedy required the elimination of these weapons and started a 13-day naval quarantine to stop ships from reaching Cuba, which could have held weapons by the Soviets.9
An agreement was reached between the USA, where Kennedy consented to remove all missiles put in Turkey and the Soviet Union. The Dow fell 2% daily after JFK's Oct. 22 address. The crisis ended on Oct. 28, 1962.1960 Recession
The Dow dropped 13.9percent from 679.36 on Dec. 31, 1959, to 585.24 on Nov. 1, 1960.2 It closely followed the financial downturn of the downturn, which began in April 1960. It lasted 10 months, until Feb. 1961 when President Kennedy used stimulation spending to finish it.
Recession of 1957
The Dow fell 14.1 percent, from 506.21 on Aug. 1, 1957, to 434.71 on Nov. 1, 1957.2 The fall corresponded to the eight-month downturn, a period from Aug. 1957 to April 1958, as a consequence of the Fed's contractionary fiscal policy.
Recession of 1953
The Dow dropped 10.1percent from 292.14 on Jan. 2, 1953, to 262.54 on Sept. 1, 1953.2 On Nov. 23, 1954, the Dow hit a fresh high of 382.74. It had taken 25 years for it to conquer the pre-Depression high of 381.17, place on Sept. 3, 1929.
A downturn was reflected by the recession to May 1954.
The Dow fell 16 percent from 193.16 on June 15, 1948, to 161.60 on June 13, 1949. 2 It did to an 11-month interval between October 1949 and November 1948, once the economy started its alteration.1945 Recession
The Dow climbed 19.2% in this downturn, which continued between February and October 1945. It had been at 153.79 on Feb. 1, 1945, also climbed to 183.37 on Oct. 1, 1945.2 The market contracted 10.6percent since government spending fell when World War II ended. But company spending was strong, which fostered stock exchange performance.
The Great Depression
The Dow dropped 90. It had been in 381.17 on Sept. 3, 1929--by July 8, 1932, it had been only 41.22.2 The kickoff to the Dow's slide was that the stock market crash of 1929, but the Great Depression had started at Aug. 1929, once the economy contracted.
The market crash started on Oct. 24, Black Thursday, and lasted until Dark Tuesday. Stock prices dropped 23 percent, causing investors to lose $30 billion (the equivalent of $396 billion now ). Because that has been more than the price of World War I the public was scared. It took 25 years for the Dow to recover its Sept. 1929 high.