Has the Dow Ever Closed Positive After an Open Like Today's?
By: The Dow has opened down over 100 points 65 times. Of those 65 occurances, it has only managed to close in positive territory 5 times. The last time was on October 22, 2007 when the Dow dropped 119 on the open and closed for the day up 44 or 0.3%. The greatest rally to positive territory was in July 2002, when the Dow was down 155.9 on the open but rallied to close up 489 or 6.3% for the day.
Last 5 Positive Closings Following a 100 Point Negative Open
| Date | Day | Previous close | Open | Drop on Open | % Drop | Close | Change for the Day | % Change |
|---|---|---|---|---|---|---|---|---|
| 5/4/01 | Fri | 10796.6 | 10686 | -110.6 | -1.00% | 10951.2 | 154.6 | 1.40% |
| 7/24/02 | Wed | 7702.3 | 7546.4 | -155.9 | -2.00% | 8191.3 | 489 | 6.30% |
| 12/6/02 | Fri | 8623.3 | 8511.6 | -111.7 | -1.30% | 8645.8 | 22.5 | 0.30% |
| 3/7/03 | Fri | 7674 | 7570.5 | -103.5 | -1.30% | 7740 | 66 | 0.90% |
| 10/22/07 | Mon | 13522 | 13403.3 | -118.8 | -0.90% | 13567 | 45 | 0.30% |
The Dow has opened down over 100 points 65 times. Of those 65 occurances, it has only managed to close in positive territory 5 times. The last time was on October 22, 2007 when the Dow dropped 119 on the open and closed for the day up 44 or 0.3%. The greatest rally to positive territory was in July 2002, when the Dow was down 155.9 on the open but rallied to close up 489 or 6.3% for the day.
