ADVERTISEMENT

Index closed above 20,000 for the first time ever — all the details

The bull market of the 1980s and the tech bubble of the 1990s have seen several milestones in quick succession.

null
ADVERTISEMENT

To commemorate the occasion (even though the moment could be somewhat overrated) we took a look at the history of when the index hit some other big round number landmarks, using historical data on the Dow's closing values from MeasuringWorth.com.

The Dow first closed above 100 on January 12, 1906. The bull market of the 1980s and the tech bubble of the 1990s saw several milestones in quick succession. Wednesday's close over 20,000 came nearly 18 years after the index first broke into five digits on March 29, 1999.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

US troop withdrawal from Niger hangs in the balance

US troop withdrawal from Niger hangs in the balance

Detained Binance executives sue Nigerian authorities for human right violation

Detained Binance executives sue Nigerian authorities for human right violation

Nigeria's central bank increases minimum capital base for banks

Nigeria's central bank increases minimum capital base for banks

Sony’s creators convention redefines the creative landscape for content creators

Sony’s creators convention redefines the creative landscape for content creators

Egypt, Nigeria, and South Africa ranked as Africa's most polluted countries in new report

Egypt, Nigeria, and South Africa ranked as Africa's most polluted countries in new report

10 African countries with the lowest life expectancy according to the World Bank

10 African countries with the lowest life expectancy according to the World Bank

Kenyan women are more obese than their men - here’s why

Kenyan women are more obese than their men - here’s why

Africa’s richest man Dangote stands between Europe and $17 billion in revenue

Africa’s richest man Dangote stands between Europe and $17 billion in revenue

After months of exchanging blows, Kenya and Uganda takes steps towards resolution

After months of exchanging blows, Kenya and Uganda takes steps towards resolution

ADVERTISEMENT