Dow Jones Industrial Average

The Dow would remain stuck in a range between 53 and points until late Toss AIG from the Dow! The initial drop was caused by a global sell-off after Chinese stocks experienced a mini-crash , yet by April 25, the Dow passed the 13, level in trading and closed above that milestone for the first time. By using this site, you agree to the Terms of Use and Privacy Policy. Still, it is the most cited and most widely recognized of the stock market indices.

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I'm 6'2" Would prefer collection I may be willing to meet halfway but able to post at buyers expense. May 29, at It was so much rougher when I went there but still great fun to ride. Apr 15, at 6: Apr 12, at 9: In , the Dow held steady within the 7, to 9,point level range by the early s recession , the Afghan War and the Iraq War. But by December of that year, the Dow remarkably returned to the 10, mark. In October , four years after its bear market low, the DJIA set fresh record theoretical, intra-day, daily close, weekly, and monthly highs for the first time in almost seven years, closing above the 12, level for the first time on the 19th anniversary of Black Monday The initial drop was caused by a global sell-off after Chinese stocks experienced a mini-crash , yet by April 25, the Dow passed the 13, level in trading and closed above that milestone for the first time.

On July 19, , the average passed the 14, level, completing the fastest 1,point advance for the index since One week later, a point intra-day loss, owing to turbulence in the U. Two days later on October 11, the Dow traded at an intra-day level high of 14, They included future possible takeovers and mergers , healthy earnings reports particularly in the tech sector, and moderate inflationary numbers; fueling speculation the Federal Reserve would not raise interest rates.

When opening that morning, it immediately lost points and overall the DJIA lost more than points for only the sixth time in history, returning to its mid-July lows below the 11, level.

A series of "bailout" packages, including the Emergency Economic Stabilization Act of , proposed and implemented by the Federal Reserve and U. Treasury , as well as FDIC -sponsored bank mergers, did not prevent further losses.

After nearly six months of extreme volatility during which the Dow experienced its largest one-day point loss, largest daily point gain, and largest intra-day range more than 1, points , the index closed at a new twelve-year low of 6, Towards the latter half of , the average rallied towards the 10, level amid optimism that the Lates decade Recession , the United States Housing Bubble and the Global Financial Crisis of — , were easing and possibly coming to an end.

During the early part of the s, aided somewhat by the loose monetary policy practiced by the Federal Reserve , the Dow made a notable rally attempt, though with significant volatility due to growing global concerns such as the European sovereign debt crisis , the Dubai debt crisis , and the United States debt ceiling crisis. On May 6, , the index lost around points over the day, then just after 2: The intra-day change at the lowest point was The event, during which the Dow bottomed out at 9, before recovering to end with a 3.

In the midst of the decade, the Dow rallied its way above the peak from October On May 3, , the Dow surpassed the 15, mark for the first time before towering above the next few millenary milestones thanks to commendable economic reports. During the late part of the s, despite anticipations of post-election selloffs, the Dow rallied significantly after Donald Trump was elected President.

On January 25, , the Dow hit a record high of 20,, an increase of 1, points since his election in November By "fall", the Dow began falling tremendously again for two major reasons: Investing in the DJIA is made widely accessible in equities through exchange-traded funds ETFs as well as in derivatives through option contracts and futures contracts.

Due to the advent of pre-market trading , the ETFs provide a very accurate opening value for the average. Trading is typically carried out in an Open Outcry auction, or over an electronic network such as CME's Globex platform. Dow Futures is one of the most important premarket tool and reflect the mood in which DJIA will open.

The divisor is adjusted in case of stock splits, spinoffs or similar structural changes, to ensure that such events do not in themselves alter the numerical value of the DJIA. Early on, the initial divisor was composed of the original number of component companies; this initially made the DJIA a simple arithmetic average. The present divisor, after many adjustments, is less than one meaning the index is larger than the sum of the prices of the components.

Events such as stock splits or changes in the list of the companies composing the index alter the sum of the component prices. In these cases, in order to avoid discontinuity in the index, the Dow Divisor is updated so that the quotations right before and after the event coincide:. The Dow Divisor was 0. With the current inclusion of only 30 stocks, critics such as Ric Edelman argue that the DJIA is not a very accurate representation of overall market performance.

Still, it is the most cited and most widely recognized of the stock market indices. As of July , Boeing and Goldman Sachs are among the highest priced stocks in the average and therefore have the greatest influence on it.

Alternately, Pfizer and Cisco Systems are among the lowest priced stocks in the average and have the least amount of sway in the price movement. A study between the correlation of components of the Dow Jones Industrial Average compared with the movement of the index finds that the correlation is higher in a time period where the average recedes and goes down.

The correlation is lowest in a time when the average is flat or rises a modest amount. From Wikipedia, the free encyclopedia. This article is about the stock market index with ticker DJIA. Historical components of the Dow Jones Industrial Average.

This section does not cite any sources. Please help improve this section by adding citations to reliable sources. Unsourced material may be challenged and removed. May Learn how and when to remove this template message. Capitalism portal Business and economics portal. Retrieved July 8, Retrieved February 6, Upper Saddle River, New Jersey Global Review of Accounting and Finance. Retrieved February 11, The Wall Street Journal. Retrieved June 2, Retrieved September 10, Apple added to iconic Dow stock index".

Retrieved March 6, History of the Dow". Archived from the original on October 4, Retrieved June 19, Retrieved March 14, Retrieved on August 16, Economics and the Public Welfare: Retrieved March 4, July 26, …Black Thursday? Archived September 1, , at the Wayback Machine.. Gold Eagle Financial News. Retrieved February 14, Black Thursday on Stock Market. Retrieved March 10, Stocks fall nearly 10 pct Archived May 9, , at the Wayback Machine..

Retrieved May 7, Retrieved May 3, Retrieved July 3, Retrieved December 23, We're in a bear market". Archived from the original on October 1, Retrieved 28 September Retrieved 29 September Retrieved 2 January Retrieved 14 July Dow hits 20, for first time ever". A milestone years in the making". We are in a bear market". Retrieved June 26, The Truth About Money 3rd Edition.

Toss AIG from the Dow! Retrieved September 21, Index Insight and Market Timing Tools: Retrieved July 25,