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In One Chart: The Dow’s tumultuous history, in one chart

The Dow Jones Industrial Average DJIA, -2.54% is one of the oldest and best-known indexes in the financial industry. It has, by its nature as a benchmark for the largest stock market in the world, become an important barometer of global confidence over the years.

Larger version of the chart

Chris Kacher, managing director of MoKa Investors, published a graph of the Dow’s performance since 1896 that charts how the index’s peaks and troughs have reflected the U.S. economy’s triumphs and tribulations. But more than that, the graph also illustrates how the Dow has become a chronicle of investors’ responses to significant global events.

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