As one of the oldest and best-known indexes the DJIA is not only a benchmark for the world’s largest stock market but, also, a barometer of global confidence. This chart details the DJIA’s performance since 1896.
It’s interesting to note how the highs and lows have reflected the U.S. economy. Greater still is how it illustrates investor responses to significant global events.
The takeaway? Over the long term fundamentals trump fear. (No pun intended!)