What was the highest the Dow was at?
The Dow Jones Industrial Average ended the day at a record high. The blue-chip focused index added about 500 points, or roughly 1.4%, to 37090, topping its previous closing high of 36799.65 set on Jan. 4, 2022.
Here's Why It Could Beat the Nasdaq in 2024. The Dow Jones Industrial Average achieved a new all-time high close of 37,557.92 on Dec. 19. Despite the impressive return, the Dow is still underperforming the Nasdaq Composite and the S&P 500 year to date.
The Dow Jones Industrial Average hit an all-time high Wednesday, surpassing 37,000 for the first time, after the Federal Reserve opted to hold interest rates steady once again and signaled the possibility of rate cuts next year.
As of March 2022, the Dow Jones's all-time high at market close was 36,799.65, on Jan. 4, 2022. It reached a higher level the next day, at 36,952.65, but closed below its all-time high. Since 2009, when the longest bull market in U.S. stock market history began.
The major index hit 4796.56 on January 3, 2022, its highest value ever. There have been 496 trading days since then, the sixth-longest span since 1928, according to Ned Davis Research Group. Its record intraday high is 4818.62, hit on January 4, 2022.
The Dow Jones Industrial Average closed at a record high above 37,000 on Wednesday, hitting a new 1,000-point milestone for the first time since Nov. 2, 2021, or more than 700 days. History suggests the next milestone will come sooner.
Historically, the United States Stock Market Index reached an all time high of 4818.62 in January of 2022. United States Stock Market Index - data, forecasts, historical chart - was last updated on January 5 of 2024.
The last time the Dow closed perfectly unchanged was April 24, 2014. It's the third time the Dow has closed perfectly unchanged since 2000. The unchanged close came despite some action during the trading day.
It may seem hard to believe with the Dow Jones Industrial Average floating above 5700, but it was less than 10 years ago, on Jan. 8, 1987, that the average first hit 2000.
The Dow Jones Industrial Average (DJIA) was created in 1896 by Charles Dow and originally consisted of 12 companies, each considered a giant in its sector. The DJIA was first introduced in The Wall Street Journal as the first index of stock market activity.
Will Dow hit $40,000?
The Dow Jones is forecasted to trade in the 40,000-50,000 range during 2025 and continue the sideways movements in the next years. In five years from now, the agency forecasts Dow Jones to trade at around 50,000 points. The forecasting services did not provide a 10-year Dow Jones price prediction.
The Dow peaked on September 3rd 1929 at 381.17 points and was followed by a bear market that lasted years. The final market low was reached on July 8th 1932 at 41.22 points. The market lost 89% of its value from the market peak to its lowest point.
| SYMBOL | PRICE | CHANGE |
|---|---|---|
| S&P 500 | 4,697.24 | +8.56 |
| *GOLD | 2,051.8 | +1.8 |
| *OIL | 73.9 | +1.71 |
| US 10-YR | 4.05 | +0.059 |
| Rank | Company | 20 Year Return |
|---|---|---|
| 1 | Apple | 59,918% |
| 2 | Monster Beverage | 59,299% |
| 3 | NVIDIA | 28,712% |
| 4 | Intuitive Surgical | 18,221% |
The index has returned a historic annualized average return of around 10.26% since its 1957 inception through the end of 2023.
Average Market Return for the Last 20 Years
Looking at the S&P 500 from 2003 to mid-2023 the picture changes. The average stock market return for the last 20 years was 9.75% (7.03% when adjusted for inflation), which is lower than the average 10% return.
In February 2020 - just prior to the global coronavirus (COVID-19) pandemic, the DJIA index stood at a little over 29,000 points.
The Dow Jones average return is 8.70%, as measured by the SPDR Dow Jones Industrial ETF (DIA), from its January 1998 inception through March 2022.
| Category | All-Time Highs | |
|---|---|---|
| Closing | 16,057.44 | Friday, November 19, 2021 |
| Intraday | 16,212.23 | Monday, November 22, 2021 |
Several studies have shown that it's not so bad to invest at the high point each year (as if you could be so unlucky to invest at the market high every year). Sure, you might earn a little less, but you'll probably do better than the market timers.
Can a stock go up 100%?
Yes, it's possible for a stock to increase by 100% or more overnight, but it's relatively rare and typically occurs under specific circ*mstances. For example, a company may announce positive news such as a major acquisition or successful clinical trial results, which can cause a sudden surge in the stock price.
| Symbol | Price | Change % |
|---|---|---|
| AMC D | 5.58 USD | −8.67% |
| AANSC D | 10.0700 USD | — |
| AREB D | 0.2850 USD | −6.51% |
| ASPS D | 3.00 USD | −8.26% |
The SPDR Dow Jones Industrial Average ETF Trust (DIA) is the top (and only) exchange-traded fund tracking the Dow.
When the market goes down, the total value of your investment decreases. In other words, the market value of your investment has changed, but you still own the same 100 shares as you did previously. Recall that investing in the stock market is a risky endeavor, and market values can change from moment to moment.
Because the DJIA is a measure and not a purchasable vehicle itself, it is not possible to own shares of it directly; rather, buying into it involves buying other investment vehicles that track it or its components.
