US stocks closed sharply lower on Friday, amid a renewed tariff battle between Washington and Beijing as US President Trump said he will respond further to China’s retaliatory tariffs and ordered American companies to find alternatives to China. The Dow Jones tumbled 623 points, or 2.4% to 25,629; the S&P 500 slumped 76 points, or 2.6% to 2,847; and the Nasdaq slid 240 points, or 3% to 7,752. Since the beginning of August, the Dow Jones lost more than 4%. Historically, the Dow Jones Industrial Average reached an all time high of 27398.68 in July of 2019 and a record low of 28.48 in August of 1896.
The Dow Jones Industrial Average is one of the most closely watched U.S. benchmark indices. It is a price-weighted index which tracks the performance of 30 large and well-known U.S. companies that are listed mostly on the New York Stock Exchange. The Dow Jones Industrial Average has a base value of 40.94 as of May 26, 1896.. This page provides - United States Stock Market (Dow Jones) - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dow Jones Industrial Average - actual data, historical chart and calendar of releases - was last updated on August of 2019. Weighted Alpha is a measure of how much a stock has risen or fallen over a one-year period with an emphasis on the most recent price activity. A stock whose price has risen over the one-year period will have a positive Weighted Alpha. A stock whose price has not changed in the period will have a small Weighted Alpha and a stock whose price has dropped over the period will have a negative Weighted Alpha.