This statistic presents the development of the Dow Jones Industrial Average index from 1986 to 2023. The 2023 year-end value of Dow Jones Industrial Average index amounted to .
What is the Dow Jones Industrial Average index?
Along with the NASDAQ 100 index, the Dow Jones Industrial Average (DJIA) is amongst the most well-known and used stock indexes in the world. DJIA index was created in 1985 by Charles Dow. It is second oldest U.S. index and one of the most important U.S. stock market indices. It reflects the performance of 30 of the most influential U.S. based companies from various industries, such as JPMorgan Chase, IBM and Walt Disney traded on the New York Stock Exchange and the NASDAQ.
Performance of the Dow Jones Industrial Average
The year that the financial crisis unfolded, 2008, was one of the worst years of the Dow. It was also in 2008 that some of the largest ever recorded losses of the DJIA based on single-day points were registered. On September 29th of 2008, for instance, the Dow had a loss of points, the third largest single-day loss of all times. Since 2008 the index has generally been increasing, registering a high of in 2019 before the economic effects of the global coronavirus (COVID-19) pandemic caused both the largest single-day losses, and largest single-day gains of the DJIA.