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Last week's big losers. ExxonMobil was the biggest Dow loser two weeks ago, after shedding 1.97% of its value. This week the oil and gas company rose 1.01%, while fellow Dow energy play Chevron (NYSE:CVX) was the index's second biggest decliner, losing 2.68%.
US Economy. The Dow's highest closing record is 21,115.55 on March 1, 2017. The Dow set 32 new record closing highs since the 2016 presidential election. Investors were confident that Donald Trump would work with Congress to pass business-friendly legislation. That includes tax cuts and other job-boosting measures.