Best years of DJIA index 2023 | Statista (2024)

FAQs

What was the best year for the Dow Jones? ›

The statistic shows the best years of the Dow Jones Industrial Average index from 1897 to 2023. The best year in the history of the index was 1915, when the index value increased by 81.66 percent to close at 99.15 points compared to 54.58 in the previous year.

The Dow Jones Composite Index finished the year 2023 at 12,249.97 points, an increase compared to the previous year. Even with the economic effects of the global coronavirus (COVID-19) pandemic, 2021 had the highest point of the index in the past two decades.

The Dow Jones Industrial Average surpassed 40,000 points on Thursday for the first time ever, signaling a strong endorsem*nt of the health of the U.S. economy.

The Dow Jones Industrial Average (DJIA) hit its record high on May 16, 2024, reaching 40,051.05 points during intraday trading. The Dow's all-time high at market close stands at 39,908.00, reached on May 15, 2024.

The updated Dow Jones price prediction for the next 5 years is for the index to trade around 45,000 points. Long Forecast predicts Dow Jones to trade above 40,000 points in the second half of 2024 and and advance up to 44,000 points by the end of the year. This is the most bullish Dow Jones forecast for 2024.

Since 1926, the market has had a total return of more than 25% 27 times (including 2023). That means the market delivers returns of this magnitude more than a quarter of the time. So, while this year was truly extraordinary for investors, it wasn't by any means all that unusual.

The S&P 500 lost approximately 50% of its value, but the duration of this bear market was just below average. The bear market was confirmed in June 2008 when the Dow Jones Industrial Average (DJIA) had fallen 20% from its October 11, 2007 high.

Will the Dow ever hit $50,000? ›

To reach 50,000, the Dow wouldn't even need to double — it would require a 31.6% gain from the 38,000 level. If the DJIA companies only earned the current 1.77% dividend yield, it would take 15.6 years for the index to reach the 50,000 mark.

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.

On March 15, 1933, the Dow Jones Industrial Average logged in its biggest one-day percent gain ever. Prior to its rally, President Franklin D. Roosevelt temporarily shut down the banks on March 5 following a month-long run on U.S. banks. Consequently, U.S. markets remained closed during that period.

In November 1972, the Dow Jones Industrial Average climbs to 1,000 units for the first time in its history, a milestone 76 years in the making. On November 14, 1972, the Dow Jones Industrial Average (DJIA) crossed the 1,000-point mark, 21,652 days after its inception on October 7, 1896.