On January 19, 2017, the day before Trump took office, the Dow Jones Industrial Average closed at 19,804.72. For much of Wednesday, the Dow dropped below that level, meaning that the rise in stock prices Trump touted so recently — and that he hoped to ride into this November’s election — no longer really exists.
The Dow closed at 18,332.74 on Election Day, Nov. 8, 2016, which means it has 6,013 points to go before the Trump rally gains disappear.
Jan. 4 – Jan. 8: The first week of 2016 was a downer for the Dow. The Dow’s nearly 1,100-point, or 6.2%, plunge in the first five trading days marked its worst-ever start to a year.
Dow: 18,037.10, -105.32,(-0.58%) S&P 500: 2,111.72, -14.43, (-0.68%) Nasdaq: 5,153.58, -35.56, (-0.69%)
Thursday was the Nasdaq’s largest one-day decline from a record high in its history, according to Bespoke Investment Group. All three major indexes finished the day sharply lower. The Nasdaq closed down nearly 5%, and the S&P fell 3.5%, while the Dow finished 2.8%, or 808 points, lower.
Key Takeaways. The Dow Jones all-time high of 31,613.02 points was on Feb. 17, 2021. The biggest cumulative loss suffered by the DJIA was during the Great Depression, when it lost nearly 90% of its value between 1929 and 1932.
29, 2008. The Dow Jones Industrial Average fell 777.68 points in intraday trading. 1 Until the stock market crash of 2020, it was the largest point drop in history.
Berkshire Hathaway Inc. Berkshire Hathaway has the highest-priced shares of any U.S. company, and is also one of the largest companies in the world, consistently ranking in the top 10 by market value.
Herbert Clark Hoover (August 10, 1874 – October 20, 1964) was an American politician, businessman, and engineer, who served as the 31st president of the United States from 1929 to 1933. A member of the Republican Party, he held office during the onset of the Great Depression.
The markets took about 25 years to recover to their pre-crisis peak after bottoming out during the Great Depression. In comparison, it took about 4 years after the Great Recession of 2007-08 and a similar amount of time after the 2000s crash.
The stock market crash of 2020 began on March 9, 2020. The Dow fell a record 2,013.76 points to 23,851.02. It was followed by two more record-setting point drops on March 12 and March 16. The stock market crash included the three worst point drops in U.S. history.
Major Stock Indexes
|Dow Jones Industrial Average||30,924.14||-345.95|
|NASDAQ Composite Index||12,723.47||-274.28|
|S&P 500 Index||3,768.47||-51.25|
|Russell 2000 Index||2,146.92||-60.87|
The S&P 500 gained 1.1% to close at 2,163.26. The tech-laden Nasdaq Composite Index closed at 5,251.07, increasing 1.1%. The fear-gauge CBOE Volatility Index (VIX) tanked 28% to settle at 13.49.
Dow: 18,126.40, -202.64, (-1.11%)