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DOW JONES AVERAGES REACHES ITS LOWEST POINT OF THE GREAT DEPRESSION (1932)


Dow Jones Averages Reaches Its Lowest Point of the Great Depression (1932)

The Dow Jones Industrial Average, often referred to as the Dow, is the best-known and most widely followed market indicator in the world. Tracking the performance of 30 blue-chip US stocks—which sometimes change—the Dow is thought to reflect the overall condition of the US economy. In 1932, the Dow reached its lowest point of the Great Depression, closing at 41.22—down almost 90 percent since 1929. It did not return to pre-1929 levels until 1954. When did the Dow reach its all-time high?More… Discuss