Weak economic news from China, the U.S. and Spain combined with a slump in oil company shares sent stocks sharply lower. The Dow Jones industrial average had its biggest one-day drop since August, falling 228 points, or 1.9 percent.» E-Mail This » Add to Del.icio.us
The Dow Jones industrial average closed 204 points higher Monday, finishing at its highest level in more than a year. The surge came on the news that the G20 nations would continue to stimulate their economies.» E-Mail This » Add to Del.icio.us
By Ploutos:Dow 16,000 resonates with the average American. Even if a mere nine stocks account for half its value (tabled below), this is still the gauge mentioned first on the nightly news and the figure most likely to be at the grasp of the novice investor.
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Source: Dow Jones, Bloomberg
The S&P joins the Dow Jones Industrial Average, which broke its 2007 record earlier this month. Both indices have now recovered all the losses they suffered during the Great Recession.» E-Mail This » Add to Del.icio.us
The Dow Jones industrial average is a stock index measuring the value of 30 blue chip companies, which represent industries driving the U.S. stock market. Created in 1896 by Charles Dow, the index usually accounts for 25 to 30 percent of the market value of U.S. stocks. The Dow has gone through tremendous highs and lows in the last two decades, and hit the 13,000 mark for the first time in 2007.