Weekly Dow Jones Industrial Average index performance 2020-2021

The Dow Jones Industrial Average (DJIA) index dropped around 8,000 points in the four weeks from February 12 to March 11, 2020, but has since recovered to 31,521.69 points as of February 17, 2021. In February 2020 - just prior to the global coronavirus (COVID-19) pandemic, the DJIA index stood at a little over 29,000 points.

U.S. markets suffer as virus spreads

The COVID-19 pandemic triggered a turbulent period for stock markets – the S&P 500 and Nasdaq Composite also recorded dramatic drops. At the start of February, some analysts remained optimistic that the outbreak would ease. However, the increased spread of the virus started to hit investor confidence, prompting a record plunge in the stock markets. The Dow dropped by more than 3,500 points in the week from February 21 to February 28, which was a fall of 12.4 percent – its worst percentage loss in a week since October 2008.

Stock markets offer valuable economic insights

The Dow Jones Industrial Average is a stock market index that monitors the share prices of the 30 largest companies in the United States. By studying the performance of the listed companies, analysts can gauge the strength of the domestic economy. If investors are confident in a company’s future, they will buy its stocks. The uncertainty of the coronavirus sparked fears of an economic crisis, and many traders decided that investment during the pandemic was too risky.

Weekly development of the Dow Jones Industrial Average index from January 2020 to February 2021

Zoomable Statistic: Select the range in the chart you want to zoom in on.
Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

February 2021

Region

United States

Survey time period

January 1, 2020 to February 17, 2021

Supplementary notes

Closing prices.
Release date is the date the database was accessed.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Stock market indices"

Further Content: You might find this interesting as well

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.