What is the record high for the Dow Jones Industrial Average?


Quick Answer

The Down Jones Industrial Average broke its all-time record high when it gained 15.38 points, or around 0.08 percent on February 24, 2015, and hit 18,244.38, notes the International Business Times. Notably, the S&P 500 Index also broke its high the same day at 2,119.59.

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Full Answer

The high occurred after an announcement by United States Federal Reserve Chair Janet Yellen that an increase in interest rates may not come until later in 2015. The day before, Yellen announced that the central bank is not going to take a rate increase for at least in the near future, notes the International Business Times.

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