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The United States' Dow Jones Industrial Average lost more than 2000 points, [171] described by The News International as "the biggest ever fall in intraday trading." [172] The Dow Jones Industrial Average hit a number of trading "circuit breakers" to curb panicked selling. [31] Oil firms Chevron and ExxonMobil fell about 15%. [173]
During the bear market a heavy debate ensued as to whose fault the falling market was. The political parties were heavily divided during this period. [11] For the most part there were three camps: ones that simply blamed the economy, others that wanted to pin the passing Bush Administration and others that wanted to push the blame on the newly arriving Obama Administration.
On a recommendation of Collis Potter Huntington, Dow and Jones co-founded their own news service, Dow Jones and Company, with fellow Kiernan reporter Charles Bergstresser. Dow Jones was headquartered in the basement of 15 Wall Street, the same building as Kiernan's company next to the New York Stock Exchange Building. [11]
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Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut. ... Dow Jones Industrial Average: 41,965.94, up 1.12% ... ABC News. Zelenskyy says Ukraine's war with Russia is ...
The Dow Jones Industrial Average climbed to a record Thursday, as Wall Street tried to resume its comeback from a steep sell-off earlier this month. The 30-stock index rose 243.63 points, or 0.59% ...
In December 1997, CNBC formed a strategic alliance with Dow Jones, including content sharing with Dow Jones Newswires, The Wall Street Journal, MarketWatch, and Barron's and the rebranding of the channel as "a service of NBC and Dow Jones". As part of the agreement, Dow Jones merged their competing business news channels—London-based European ...
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