What happened to the stock market in 2012?
Stock markets ended 2012 with a bang, with shares climbing on reports that the Senate had reached an agreement to avert the fiscal cliff. The Dow Jones Industrial Average broke a five-day losing streak to climb 166 points on the last trading day of the year, its best-ever performance on New Year’s Eve.
What was the Dow Jones Industrial Average in 2012?
12,966.44
Dow Jones – 10 Year Daily Chart
| Dow Jones Industrial Average – Historical Annual Data | ||
|---|---|---|
| Year | Average Closing Price | Annual % Change |
| 2012 | 12,966.44 | 7.26% |
| 2011 | 11,957.57 | 5.53% |
| 2010 | 10,668.58 | 11.02% |
What is the composition of the Dow Jones Industrial Average?
The initial components of the DJIA were mainly industrial companies associated with gas, sugar, tobacco, railroads, and oil. The DJIA reflects the performance of 30 stocks of leading U.S. blue-chip companies. The index has undergone several changes over the years.
What are the components of Dow Jones?
Components of the Dow Jones
| # | Company | Symbol |
|---|---|---|
| 1 | UnitedHealth Group Incorporated | UNH |
| 2 | Goldman Sachs Group Inc. | GS |
| 3 | Home Depot Inc. | HD |
| 4 | Microsoft Corporation | MSFT |
How did the stock market perform in 2011?
By market close, the Dow Jones Industrial Average lost 634.76 points (-5.55%) to close at 10,809.85, making it the 6th largest drop of the index in history. Black Monday 2011 followed just one trading day behind the 10th largest drop of the Dow Jones Index, a 512.76 (-4.31%) drop on August 4, 2011.
Why did the stock market crash in 2008?
The stock market crash of 2008 was as a result of defaults on consolidated mortgage-backed securities. Subprime housing loans comprised most MBS. Banks offered these loans to almost everyone, even those who weren’t creditworthy. When the housing market fell, many homeowners defaulted on their loans.
What was the Dow Jones average 2017?
24,719.22
Despite losing 118+ points during the final trading session, the Dow Jones Industrial Average ended the year at 24,719.22, close to its all-time high, and having advanced just shy of 5,000 points for an annual gain of 25.08%. That performance is the best since 2013, when the DJIA gained 26.50%. contributor in 2017.
What does the S&P 500 consist of?
The S&P 500 stock market index, maintained by S&P Dow Jones Indices, comprises 505 common stocks issued by 500 large-cap companies and traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average), and includes about 80 percent of the American equity market by …
How do you calculate the Dow Jones Industrial Average?
To calculate the DJIA, the current prices of the 30 stocks that make up the index are added and then divided by the Dow divisor, which is constantly modified.
What companies are in Dow Jones Industrial Average?
Components
| Company | Exchange | Symbol |
|---|---|---|
| Dow | NYSE | DOW |
| Goldman Sachs | NYSE | GS |
| Home Depot | NYSE | HD |
| Honeywell | NASDAQ | HON |
Who was the first president of the Dow Jones industrial average?
While stocks have been traded throughout U.S. history, the launch of the Dow Jones Industrial average marked the first time anyone tried to track their collective performance in any meaningful way. The Dow debuted in 1896, so William McKinley was the first president to have the Dow exist for his full term.
Is the Dow Jones industrial average a price weighted index?
Price-weighted index. Website. us.spindices.com/indices/equity/dow-jones-industrial-average. The Dow Jones Industrial Average (DJIA), or simply the Dow (/ˈdaʊ/), is a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.
When did Caterpillar join the Dow Jones industrial average?
Changes to the index since 1991 are as follows: On May 6, 1991, Caterpillar Inc., J.P. Morgan Chase, and the Walt Disney Company replaced American Can, Navistar, and U.S. Steel.
How many times has the Dow Jones changed its name?
The Dow Jones Industrial Average’s components have changed 54 times since its inception, on May 26, 1896. As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation’s own usage.