Dow Jones Lowest Point: The Lowest in the Last 12 years

Dow Jones & Company the American Publishing and Financial firm is really going low in its market points. Off late the index of Dow Jones has really been shattering and disgusting for traders. The company though faced lots of low points throughout its career, this time it has recorded 12 years all time low points this March’09.

The Dow Jones index point has reduced to the lowest point in the last 12 years. This has been a record low and indicates where the market is going during this recession. The Dow Jones hit the lowest point just after American International Group’s (AIG) Insurance Company’s huge quarterly loss added worries to US Financial Market.

The finish of the Wall Street Trading, Dow Jones industrial average (INDU) marked with 4.7 percent fall that is it fell by 300 points and closed at 6,763.29. This has been the lowest point for Dow Jones since its lowest level during the spring of 1997. The wide compromised S&P 500 also recorded loss of 34 points or 4.7 percent with closing at its lowest point since October 1996.