(Farmington) The Dow Jones Industrial Average fell almost 10-thousand points in a two week period in March, mostly because of the pandemic.
The Dow’s low point was at 18,591 on March 23rd.
But since then, there’s been a little more increase than decline.
Paul Meinsen is a broker with Edward Jones in Farmington.
Meinsen has this advice for those with 401-K’s.
Meinsen says 401-K holders saw something similar to this decline a little over a decade ago.
On February 12th, the Dow was at it’s highest closing record of all-time at 29,551.
On March 23rd, the Dow was at it’s lowest mark this year at 18,591.
After today, the Dow Jones Industrial Average closed at 21,125.