Stock Market “Zigs” and “Zags”
January thru March, 2020


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Mar. 31, 2020

Stock Market decline since January 2017This has been the worst quarter in the U.S. stock market since at least the crash of 2008-2009.  Also, the market has lost almost all of its gains since the beginning of 2017.  The primary cause of this has been the impact of the COVID-19 virus so far in 2020, nationally and globally.

Today, the Dow Jones Industrial Average (DJIA) was down 1.84% to 21,917.16, while the Standard & Poor’s 500 stock index was down 1.60% to 2,584.59.  The NASDAQ Composite index was down 0.95% to 7,700.10.

Dow Jones Industrial Average: 21,917.16.  Standard & Poor’s 500 stock index: 2,584.59.
Mar. 30, 2020

Today, Wall Street began the week with a big rally.  The Dow Jones Industrial Average (DJIA) was up 3.19% to 22,327.48, while the Standard & Poor’s 500 stock index was up 3.35% to 2,626.65.  The NASDAQ Composite index was up 3.62% to 7,774.15.

Dow Jones Industrial Average: 22,327.48.  Standard & Poor’s 500 stock index: 2,626.65.
Mar. 27, 2020

It wasn’t until after the stock market closed today that President Trump signed the $2.2 trillion COVID aid bill passed by House of Representatives.  After a 3-day increase, the Dow declined a large amount.  To some extent, this may be due to the news that the number of U.S. coronavirus cases has exceeded 100,000, and the death toll has exceeded 1,500.

The Dow Jones Industrial Average (DJIA) was down 4.06% to 21,636.78, while the Standard & Poor’s 500 stock index was down 3.37% to 2,541.47.  The NASDAQ Composite index was down 3.79% to 7,502.38.

Dow Jones Industrial Average: 21,636.78.  Standard & Poor’s 500 stock index: 2,541.47.
Mar. 26, 2020

The Senate’s passage of the $2.2 trillion COVID aid bill last night caused a significant surge in the stock market today.  The Dow Jones Industrial Average (DJIA) was up 6.38% to 22,552.17, while the Standard & Poor’s 500 stock index was up 6.24% to 2,630.07.  The NASDAQ Composite index was up 5.60% to 7,797.54.

Dow Jones Industrial Average: 22,552.17.  Standard & Poor’s 500 stock index: 2,630.07.
Mar. 25, 2020

At one point today, the Dow was up a colossal 1,315.02 points.  However, after objections in the Senate to the economic stimulus bill occurred, the Dow slid down 819.38 points from that intra-day high by the close of the market.

The Dow Jones Industrial Average (DJIA) was up 2.39% to 21,200.55, while the Standard & Poor’s 500 stock index was up 1.15% to 2,475.56.  The NASDAQ Composite index was down 0.45% to 7,384.30.

Dow Jones Industrial Average: 21,200.55.  Standard & Poor’s 500 stock index: 2,475.56.
Mar. 24, 2020

There was a huge rally in the stock market today.  Evidently, this was triggered by expectations of a gigantic COVID-19 stimulus aid package and hopes a reopening of businesses by Easter.  In fact, the Dow had its greatest single-day point increase in history: 2,112.98 points.

The Dow Jones Industrial Average (DJIA) was up 11.30% to 20,704.91, while the Standard & Poor’s 500 stock index was up 9.38% to 2,447.33.  The NASDAQ Composite index was up 8.12% to 7,417.86.  Also, world markets were up notably.

Dow Jones Industrial Average: 20,704.91.  Standard & Poor’s 500 stock index: 2,447.33.
World Markets increase

Mar. 23, 2020

The stock market was down again today.  There was continued opposition to the coronavirus relief bill from Democrats in the U.S. Congress.

Stocks fall but curb heavy losses as
coronavirus bill toils on Capitol Hill

Today the Dow went below 19,000, 18,900, 18,800, 18,700 and 18,600.  The Dow Jones Industrial Average (DJIA) was down 3.04% to 18,591.93, while the Standard & Poor’s 500 stock index was down 2.93% to 2,237.40.  The NASDAQ Composite index was down 0.27% to 6,860.67.

Dow Jones Industrial Average: 18,591.93.  Standard & Poor’s 500 stock index: 2,237.40.
Mar. 20, 2020

After a slight rebound yesterday, the stock market had another big decline today.  Now the Dow is barely over 19,000, which is what it was not long after Donald Trump was elected president in 2016.

Today, the Dow Jones Industrial Average (DJIA) was down 4.55% to 19,173.98, while the Standard & Poor’s 500 stock index was down 4.34% to 2,304.92.  The NASDAQ Composite index was down 3.79% to 6,879.52.

Dow Jones Industrial Average: 19,173.98.  Standard & Poor’s 500 stock index: 2,304.92.
Mar. 19, 2020

The stock market made a mild rebound today.  Now the Dow is over 20,000 again.

The Dow Jones Industrial Average (DJIA) was up 0.95% to 20,087.19, while the Standard & Poor’s 500 stock index was up 0.47% to 2,409.39.  The NASDAQ Composite index was up 2.30% to 7,150.58.

Dow Jones Industrial Average: 20,087.19.  Standard & Poor’s 500 stock index: 2,409.39.
Mar. 18, 2020

Today’s big “zag” (loss) in the Dow more than completely wiped yesterday’s big “zig” (gain).  The Dow Jones Industrial Average (DJIA) was down 6.30% to 19,898.92, while the Standard & Poor’s 500 stock index was down 5.18% to 2,398.10.  The NASDAQ Composite index was down 4.70% to 6,989.84.  Also, world markets were down significantly.

Dow Jones Industrial Average decline: 19,898.92.  Standard & Poor’s 500 stock index decline: 2,398.10.
Mar. 17, 2020

Following yesterday’s gigantic record-breaking “zag” (loss) in the Dow, there was a substantial “zig” (gain) today.  Although it made up for only 35% of yesterday’s loss, at least it was in a positive direction.

The Dow Jones Industrial Average (DJIA) was up 5.20% to 21,237.38, while the Standard & Poor’s 500 stock index was up 6.00% to 2,529.19.  The NASDAQ Composite index was up 6.23% to 7,334.78.

Dow Jones Industrial Average: 21,237.38.  Standard & Poor’s 500 stock index: 2,529.19.
Mar. 16, 2020

The extreme volatility of the stock market is continuing.  The Dow Jones index was down a gigantic single-day record point drop of -2,997.10 points and record percentage drop of -12.93%.  (The record intra-day drop was even worse: -3,069.16 points, which was -13.24%.)  There now has been a 31.7% decrease from the all-time Dow high of 29,551.42.

The Dow Jones Industrial Average (DJIA) was down 12.93% to 20,188.52, while the Standard & Poor’s 500 stock index was down 11.98% to 2,386.13.  The NASDAQ Composite index was down 12.32% to 6,904.59.  Also, world markets were down substantially.

Dow Jones Industrial Average decline: 20,188.52.  Standard & Poor’s 500 stock index decline: 2,386.13.
World Markets decline

Mar. 13, 2020

For a change, one thing that did not do badly today was the stock market.  The Dow made up the majority of its colossal loss from yesterday.  The Dow gained 1,985.00 points, which was the greatest single-day point increase ever.  It compensated for 84% of yesterday’s record -2,352.60 point decline.

About a half an hour before the stock markets closed, President Trump began a press conference in the White House Rose Garden.  His main declaration was a national emergency due to the coronavirus pandemic.  He said that this would allow access to up to $50 billion “for states and territories and localities in our shared fight” against the coronavirus.  Soon thereafter, the stock market skyrocketed.

Trump Declares National Emergency
Amid Coronavirus Pandemic

The Dow Jones Industrial Average (DJIA) was up 9.36% to 23,185.62, while the Standard & Poor’s 500 stock index was up 9.29% to 2,711.02.  The NASDAQ Composite index was up 9.35% to 7,874.88.

Dow Jones Industrial Average: 23,185.62.  Standard & Poor’s 500 stock index: 2,711.02.
Mar. 12, 2020

A gigantic and record-breaking “zag” (downturn) has followed another huge “zag” in the stock market yesterday.  The DJIA closed down a whopping -2,352.60 points, which far surpassed the previous single-day point drop at the market’s close of -2,013.76 points on Mar. 9.

There now has been a 28.3% decrease from the all-time Dow high of 29,551.42 exactly 4 weeks ago today.  Thus, there has been a substantial increase into a Bear market.

The Dow Jones Industrial Average (DJIA) was down 9.99% to 21,200.62, while the Standard & Poor’s 500 stock index was down 9.51% to 2,480.64.  The NASDAQ Composite index was down 9.43% to 7,201.80.  Also, world markets were down substantially.

Dow Jones Industrial Average: 21,200.62 decline.  Standard & Poor’s 500 stock index decline: 2,480.64
World Markets decline

Mar. 11, 2020

A huge “zag” (downturn) has followed yesterday’s big “zig” (upturn) in the stock market.  There now has been a 20.3% decrease from the all-time Dow high of 29,551.42 exactly 4 weeks ago today.  Officially, we are at the beginning of a Bear market after the longest Bull market in history.

The Dow Jones Industrial Average (DJIA) was down 5.86% to 23,553.22, while the Standard & Poor’s 500 stock index was down 4.89% to 2,741.38.  The NASDAQ Composite index was down 4.70% to 7,952.05.

Dow Jones Industrial Average decline: 23,851.02.  Standard & Poor’s 500 stock index decline: 2,746.56
Mar. 10, 2020

After yesterday’s biggest single-day “zag” (loss) in stock market history, there was a very big “zig” (gain) today.  The Dow gained 1,167.14 points, which compensated for 58% of yesterday’s record -2,013.76 point decline.

The Dow Jones Industrial Average (DJIA) was up 4.89% to 25,018.16, while the Standard & Poor’s 500 stock index was up 4.94% to 2,882.23.  The NASDAQ Composite index was up 4.95% to 8,344.25.

Dow Jones Industrial Average: 25,018.16.  Standard & Poor’s 500 stock index: 2,882.23.
Mar. 9, 2020

The stock market has been going crazy today, with the third significant “zag” (downturn) of 3 trading days in a row.  At its lowest point, the Dow Jones index was down a record -2,158.71 points, which was a gigantic intra-day drop.  The DJIA closed down -2,013.76 points, which far surpassed the previous single-day point drop at the market’s close of –1,190.95 points on Mar. 2.  Today is being called Black Monday (2020).

Immediately after the opening of the New York Stock Exchange (NYSE) this morning, the S&P 500 plummeted 7%, which resulted in NYSE trading being halted for about 15 minutes.  It was the first automatic trading halt to occur since October 1997.

Now, there is a 19.3% decrease from the all-time Dow high of 29,551.42 on Feb. 12.  That is almost double the amount technically qualifying as a market correction, which is a 10% decline.  The decrease is just a fraction below 20%, and it will qualify as the beginning of a Bear market if the market drops that much.

The Dow Jones Industrial Average (DJIA) was down 7.79% to 23,851.02, while the Standard & Poor’s 500 stock index was down 7.60% to 2,746.56.  The NASDAQ Composite index was down 7.29% to 7,950.68.  Also, most world markets were down substantially.

Dow Jones Industrial Average decline: 23,851.02.  Standard & Poor’s 500 stock index decline: 2,746.56
World Markets decline

Mar. 6, 2020

The stock market today did not rebound from yesterday’s substantial drop.  If we consider a “zig-zag” to be an “up-down,” then the stock market has had 2 big “zags” in a row...not good.  Of course, the -256.50 drop today could have been much worse, since the intra-day low was -894.66 points down.  There now is a 12.5% correction of the Dow below its all-time high.

The Dow Jones Industrial Average (DJIA) was down 0.98% to 25,864.78, while the Standard & Poor’s 500 stock index was down 1.71% to 2,972.37.  The NASDAQ Composite index was down 1.87% to 8,575.62.

Dow Jones Industrial Average decline: 26,121.28.  Standard & Poor’s 500 stock index decline: 3,023.94.
Mar. 5, 2020

I never have observed anything like the extreme volatility and “zig-zagging” that the stock market has experienced during the past few weeks.  After yesterday’s second-highest single-day point increase of the Dow of 1,173.45 points, today the market was way down again.  At 11.6% below the all-time high, the Dow is back in correction territory of 10% or more.

The Dow Jones Industrial Average (DJIA) was down 3.58% to 26,121.28, while the Standard & Poor’s 500 stock index was down 3.39% to 3,023.94.  The NASDAQ Composite index was down 3.10% to 8,738.60.

Dow Jones Industrial Average decline: 26,121.28.  Standard & Poor’s 500 stock index decline: 3,023.94.
Mar. 4, 2020

The stock market was way up today, continuing its high degree of volatility and fluctuation.  The Dow Jones Industrial Average (DJIA) was up 4.53% to 27,090.86, while the Standard & Poor’s 500 stock index was up 4.22% to 3,130.12.  The NASDAQ Composite index was up 3.85% to 9,018.09.  The Federal Reserve Board’s interest rate cut by half a point yesterday may have helped.

The Federal Reserve Board’s interest rate cut by half a point yesterday, as well as the $7.8 billion congressional emergency spending bill to confront the COVID-19 coronavirus, may have helped.  Also, the Dow is now barely out of correction status, down only 8.3% from the record high.

Dow Jones Industrial Average: 26,703.32.  Standard & Poor’s 500 stock index: 3,090.23.
Mar. 3, 2020

The extreme volatility and instability of the stock market is continuing.  After a record single-day point increase of 1,293.96 points yesterday, the DJIA was down a substantial 785.91 points (3.94%) today.  The S&P 500 was down 86.86 points (2.81%), and the NASDAQ was down 268.08 points (2.99%).  At 12.3% below its record high of 29,551.42, the Dow remains in correction territory...not good. 


Mar. 2, 2020

In the stock market today, the Dow Jones Industrial Average (DJIA) broke the record of the single-day point increase ever: up 1,293.96 points.  This was 4 days after the Dow’s single-day point drop ever: –1,190.95 points.  Evidently, fear of the spreading coronavirus is decreasing a bit, although probably not permanently.

Also, the Dow just barely made it out of the 10% correction territory today.  It now is 9.6% below the all-time high of 29,551.42.

The Dow was up 5.09% to 26,703.32, while the Standard & Poor’s 500 stock index was up 4.60% to 3,090.23.  The NASDAQ Composite index was up 4.49% to 8,952.17.

Dow Jones Industrial Average: 26,703.32.  Standard & Poor’s 500 stock index: 3,090.23.
Feb. 28, 2020

The Dow Jones Industrial Average is continuing its decline into correction territory.  It now is 14.0% below its all-time high on Feb. 12.  Today the DJIA was down 1.39% to 25,409.36, and the Standard & Poor’s 500 stock index was down 0.82% to 2,954.22.

Dow Jones Industrial Average decline: 25,409.36.  Standard & Poor’s 500 stock index decline: 2,954.22.
Feb. 27, 2020

DJIA highs above 26,000In the stock market, prior to today, the greatest single-day point drop of the Dow Jones Industrial Average (DJIA) was –1,175.21 points on Feb. 5, 2018.  Today, the Dow broke that single-day record by falling a colossal –1,190.95 points, most likely due primarily to fears of the spreading coronavirus.

Furthermore, the Dow has declined 12.8% from its all-time high of 29,551.42 just over two weeks ago on Feb. 12.  It now is considered to be in correction territory, which is a decrease of at least 10% from the all-time high.  Also, the Dow is now lower than the 26,115.65 closing on Jan. 17, 2018.

Business Thursday's Stock Market Close: US Equities
Plunge, Dow Falls 1,200, As Coronavirus Fears Intensify

The Dow Jones Industrial Average (DJIA) was down 4.42% to 25,766.64, the Standard & Poor’s 500 stock index was down 4.42% to 2,978.76, and the NASDAQ Composite index was down 4.61% to 8,566.48.

Dow Jones Industrial Average decline: 25,766.64.  Standard & Poor’s 500 stock index decline: 2,978.76.
Feb. 26, 2020

For the third day in a row, there was a drop in most stock market indices.  The Dow Jones Industrial Average (DJIA) was down 0.46% to 26,957.59, the Standard & Poor’s 500 stock index was down 0.38% to 3,116.39.  However, the NASDAQ Composite index was up a tiny amount, 0.17% to 8,980.77.

Dow Jones Industrial Average decline: 26,957.59.  Standard & Poor’s 500 stock index decline: 3,116.39.
Feb. 25, 2020

Today, the Dow Jones Industrial Average (DJIA) was down 3.15% to 27,081.36, the Standard & Poor’s 500 stock index was down 3.03% to 3,128.21, and the NASDAQ Composite index was down 2.77% to 8,965.61.

The DJIA decline yesterday and today were the largest 2-consecutive-day combined drop of the Dow in history.  Also, many world markets were down again.  Evidently, the Shanghai Stock Exchange was closed for the day.

Dow Jones Industrial Average decline: 27,960.80.  Standard & Poor’s 500 stock index decline: 3,225.89.
World Markets decline

Feb. 24, 2020

Today in the stock market, the DJIA had its largest point and percentage drop since Feb. 8, 2018 and gave up all of its gains for 2020.  The Dow’s point drop, -1,031.61, was the third highest in history.  Also, the S&P 500’s year-to-date gains vanished.

The Dow Jones Industrial Average (DJIA) was down 3.56% to 27,960.80, the Standard & Poor’s 500 stock index was down 3.35% to 3,225.89, and the NASDAQ Composite index was down 3.71% to 9,221.28.  Also, many world markets were down substantially.

Dow Jones Industrial Average decline: 27,960.80.  Standard & Poor’s 500 stock index decline: 3,225.89.
World Markets decline

Feb. 12, 2020

In another record high, the Dow Jones Industrial Average (DJIA) closed above 29,400 and above 29,500 for the first time.  The Dow was up 0.94% to 29,551.42, while the Standard & Poor’s 500 stock index was up 0.65% to 3,379.45, also a record high.  The NASDAQ Composite index also closed at a record high; it was up 0.90% to 9,725.96.

Dow Jones Industrial Average record high: 29,551.42.  Standard & Poor’s 500 stock index record high: 3,379.45.
Feb. 6, 2020

There has not been a record high Dow Jones Industrial Average (DJIA) in almost 3 weeks, due to apprehension and trepidation about the spreading coronavirus.  Today there was another record high.

The Dow was up 0.30% to 29,379.77, while the Standard & Poor’s 500 stock index was up 0.33% to 3,345.78, also a record high.  The NASDAQ Composite index also closed at a record high; it was up 0.67% to 9,572.15.

Dow Jones Industrial Average record high: 29,379.77.  Standard & Poor’s 500 stock index record high: 3,345.78.
Jan. 31, 2020
There continues to be a general fear and trepidation in the world due to the increased spreading of the coronavirus.  Today, the Dow Jones Industrial Average (DJIA) was down 2.09% to 28,256.03, the Standard & Poor’s 500 stock index was down 1.77% to 3,225.52, and the NASDAQ Composite index was down 1.59% to 9,150.94.  Also, many world markets were down substantially.

Dow Jones Industrial Average decline: 28,256.03.  Standard & Poor’s 500 stock index decline: 3,225.52.
Jan. 27, 2020

Since the last record highs in the stock market took place on Jan. 17, there has been a steady decline.  The DJIA has decreased 2.77%, the S&P 500 has decreased 2.58%, and the NASDAQ has decreased 2.66%.

The main reason for the widespread decrease seems to be concern over the spread of the coronavirus, which originated in China (see Jan. 22).  As more cases of the virus are discovered and an increasing number of people are dying worldwide, the fear and concern are becoming more global.

Monday's Stock Market Close: US Equities Plummet,
Dow Falls 455, As China’s Coronavirus Spreads

Today, the Dow Jones Industrial Average (DJIA) was down 1.57% to 28,535.80, the Standard & Poor’s 500 stock index was down 1.57% to 3,243.63, and the NASDAQ Composite index was down 1.89% to 9,139.31.  Also, many world markets were down substantially.

Dow Jones Industrial Average decline: 28,535.80.  Standard & Poor’s 500 stock index decline: 3,243.63.
World Markets decline

Jan. 17, 2020

In another record high, the Dow Jones Industrial Average (DJIA) closed above 29,300 for the first time.  The Dow was up 0.17% to 29,348.10, while the Standard & Poor’s 500 stock index was up 0.39% to 3,329.62, also a record high.  The NASDAQ Composite index also closed at a record high; it was up 0.34% to 9,388.94.

Dow Jones Industrial Average record high: 29,348.10.  Standard & Poor’s 500 stock index record high: 3,329.62.
Jan. 16, 2020

In another record high, the Dow Jones Industrial Average (DJIA) closed above 29,100 and above 29,200 for the first time.  The Dow was up 0.92% to 29,297.64, while the Standard & Poor’s 500 stock index was up 0.84% to 3,316.81, also a record high.  The NASDAQ Composite index closed above 9,300 for the first time; it was up 1.06% to 9,357.13.

Dow Jones Industrial Average record high: 29,297.64.  Standard & Poor’s 500 stock index record high: 3,316.81.
Jan. 15, 2020

In another record high, the Dow Jones Industrial Average (DJIA) closed above 29,000 for the first time, although it has had several intra-day highs above 29,000 this year.  (In fact, today it had intra-day highs that exceeded 29,100.)  The Dow was up 0.31% to 29,030.22, while the Standard & Poor’s 500 stock index was up 0.19% to 3,289.29, also a record high.

Dow Jones Industrial Average record high: 29,030.22.  Standard & Poor’s 500 stock index record high: 3,289.29.
Jan. 9, 2020

In another record high, the Dow Jones Industrial Average (DJIA) closed above 28,900 for the first time.  The Dow was up 0.74% to 28,956.90, while the Standard & Poor’s 500 stock index was up 0.67% to 3,274.70, also a record high.  The NASDAQ Composite index closed above 9,200 for the first time; it was up 0.81% to 9,203.43.

Dow Jones Industrial Average record high: 28,956.90.  Standard & Poor’s 500 stock index record high: 3,274.70.
Jan. 2, 2020

The stock market began the new year with a significant leap upward.  In another record high, the Dow Jones Industrial Average (DJIA) closed above 28,700 and above 28,800 for the first time.  The Dow was up 1.16% to 28,868.80, while the Standard & Poor’s 500 stock index was up 0.84% to 3,257.85, also a record high.

Dow Jones Industrial Average record high: 28,868.80.  Standard & Poor’s 500 stock index record high: 3,257.85.

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