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This article is a summary of the closing milestones of the Dow Jones Industrial Average , a United States stock market index. Since first closing at Like most other stock market indices, the Dow undergoes periods of general increase and general declines or stagnation. A bull market is a term denoting a period of price increases, while a bear market denotes a period of declines. There are two types of bull markets. A secular bull market is a period in which the stock market index is continually reaching all-time highs with only brief periods of correction , as during the s, and can last upwards of 15 years. A cyclical bull market is a period in which the stock market index is reaching week or multi-year highs and may briefly peak at all-time highs before a rapid decline, as in the early s.

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The stock prices of 30 companies are used to calculate the Dow Jones Industrial Average. The 30 companies are picked by experts who work for Dow Jones. They are supposed to represent the general economy of the United States. The rules to pick companies say that all the companies must be from the USA. In the past the companies were all heavy industries companies and made things like steel , oil , autos , and appliances. Now the it has many different kinds of companies including some that offer products and services like medicine or software. For a list of companies that have once been a part on the Dow Jones but are no longer part of it, see this list. Page Talk. Read Change Change source View history. Tools Tools. In other projects. Wikimedia Commons. Hidden category: Webarchive template wayback links. Toggle limited content width.

Inthe Dow dropped to a four-year low of on September 24,due to the stock market downturn of and lingering djia wiki of the dot-com bubble.

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The DJIA is one of the oldest and most commonly followed equity indexes. Many professionals consider it to be an inadequate representation of the overall U. The DJIA includes only 30 large companies. It is price-weighted , unlike stock indices, which use market capitalization. Furthermore, the DJIA does not use a weighted arithmetic mean. The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor, which is approximately 0. The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split. First calculated on May 26, , [2] the index is the second-oldest among U. Its components are selected by a committee.

Djia wiki

This article is a summary of the closing milestones of the Dow Jones Industrial Average , a United States stock market index. Since first closing at Like most other stock market indices, the Dow undergoes periods of general increase and general declines or stagnation. A bull market is a term denoting a period of price increases, while a bear market denotes a period of declines. There are two types of bull markets. A secular bull market is a period in which the stock market index is continually reaching all-time highs with only brief periods of correction , as during the s, and can last upwards of 15 years. A cyclical bull market is a period in which the stock market index is reaching week or multi-year highs and may briefly peak at all-time highs before a rapid decline, as in the early s.

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February 27, Create profiles for personalised advertising. After nearly six months of extreme volatility during which the Dow experienced its largest one-day point loss, largest daily point gain, and largest intraday range of more than 1, points at the time, the index closed at a new year low of 6, The inflation-adjusted high set on December 31, [7] would not be surpassed for nearly 30 years, until the Dow's first close above 4, on July 7, Date of Record Closing Level January 3, 36, The following other wikis use this file: Usage on cs. Archived from the original on February 3, Since the Dow tracks just 30 large-cap U. This article is a summary of the closing milestones of the Dow Jones Industrial Average , a United States stock market index. September 10, Six years after its previous high in , the Dow finally closed at a new record high on March 5, When the markets reopened on December 12, , the index closed at

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See also: 21st Century Fox News Corporation. Authority control databases. Bibcode : NatSR After two and a half months worth of several attempts, the Dow finally closed above 35, on Friday, July 23, Retrieved February 6, Federal Reserve History. Date of Record Closing Level January 7, Archived from the original on August 14, For the decade, the Dow Jones average was down from Events such as stock splits or changes in the list of the companies composing the index alter the sum of the component prices.