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===2020s=== [[File:Dow jones daily close logged.png|thumb|upright=2.6|The Dow Jones Industrial Average daily closing value plotted on a log-10 scale]] Despite the emerging [[COVID-19 pandemic]], the Dow continued its bull run from the previous decade before peaking at 29,551.42 on February 12, 2020 (29,568.57 intraday on the same day). The index slowly retreated for the remainder of the week and into the next week, before coronavirus fears and an [[2020 Russia–Saudi Arabia oil price war|oil price war between Saudi Arabia and Russia]] sent the index into a [[2020 stock market crash|tailspin]], recording several days of losses<ref>{{cite web|url=https://www.cnbc.com/2020/03/15/traders-await-futures-open-after-fed-cuts-rates-launches-easing-program.html|title=Dow drops nearly 3,000 points, as coronavirus collapse continues; worst day since '87|first=Fred|last=Imbert|date=March 15, 2020|website=CNBC|access-date=March 16, 2020|archive-date=March 16, 2020|archive-url=https://web.archive.org/web/20200316205041/https://www.cnbc.com/2020/03/15/traders-await-futures-open-after-fed-cuts-rates-launches-easing-program.html|url-status=live}}</ref> (and gains<ref>{{cite news|url=https://www.npr.org/2020/03/13/815344533/dow-expected-to-open-up-more-than-1-100-points|title=Dow Soars Nearly 2,000 Points In Rebound From Biggest Drop Since 1987 |website=NPR|date=March 13, 2020|access-date=March 16, 2020|archive-date=March 14, 2020|archive-url=https://web.archive.org/web/20200314181640/https://www.npr.org/2020/03/13/815344533/dow-expected-to-open-up-more-than-1-100-points|url-status=live|last=Schneider|first=Avie}}</ref>) of at least 1,000 points, a typical symptom of a bear market<ref name="CNBC">{{Cite web|url=https://www.cnbc.com/2020/03/11/futures-are-steady-wednesday-night-after-dow-closes-in-bear-market-traders-await-trump.html|title=Dow drops more than 8%, heads for biggest one-day plunge since 1987 market crash|website=[[CNBC]]|date=March 12, 2020|access-date=March 12, 2020|first1=Fred|last1=Imbert|first2=Thomas|last2=Franck|archive-date=March 12, 2020|archive-url=https://web.archive.org/web/20200312000949/https://www.cnbc.com/2020/03/11/futures-are-steady-wednesday-night-after-dow-closes-in-bear-market-traders-await-trump.html|url-status=live}}</ref> as previously seen in October 2008 during the [[2008 financial crisis]]. Volatility rose high enough to trigger multiple 15-minute [[trading curb|trading halts]].<ref>{{cite web |title=Stocks plunge at market open, trading halts after Dow drops 1800 points |url=https://www.msnbc.com/stephanie-ruhle/watch/stocks-plunge-at-market-open-trading-halts-after-dow-drops-1800-points-80319557862 |website=MSNBC |access-date=March 9, 2020 |archive-date=May 8, 2020 |archive-url=https://web.archive.org/web/20200508025652/https://www.msnbc.com/stephanie-ruhle/watch/stocks-plunge-at-market-open-trading-halts-after-dow-drops-1800-points-80319557862 |url-status=live}}</ref> In the first quarter of 2020, the DJIA fell 23%<!--6,621 points, from 28,538 to 21,917-->, its worst quarter since 1987.<ref>{{cite web |last1=Stevens |first1=Pippa |title=Stock futures point to an opening bounce on Wall Street after second quarter's rocky start |url=https://www.cnbc.com/2020/04/01/stock-market-futures-open-to-close-news.html |website=[[CNBC]] |archive-url= https://web.archive.org/web/20200402084844/https://www.cnbc.com/2020/04/01/stock-market-futures-open-to-close-news.html |archive-date=April 2, 2020 |quote=The Dow fell more than 23% in the first quarter; that was also its biggest quarterly fall since 1987|date=April 1, 2020 |url-status=live}}</ref> The market recovered in the third quarter, returning to 28,837.52 on October 12, 2020, and peaked momentarily at a new all-time high of 29,675.25 on November 9, 2020, at 14:00 ET, following that day's announcement of the success of the [[Pfizer–BioNTech COVID-19 vaccine]] in Phase III clinical trials.<ref>{{Cite news|title=Dow Jones soars more than 800 points on vaccine hopes|url=https://abcnews.go.com/Business/dow-surges-1500-points-vaccine-hopes/story?id=74104964 |access-date=November 2, 2021 |website=ABC News|language=en}}</ref> The Dow (as reported by the United Press International) closed over 30,000 on December 31, 2020, at a record 30,606.48. On November 24, following news that the [[presidential transition of Joe Biden]] was approved, the Dow increased by more than 500 points, closing at 30,046.24. On January 22, 2024, the Dow Jones crossed 38,000 points for the first time; a month later it surpassed 39,000; and in May, it surpassed 40,000 points.
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