Impact of Covid-19 Pandemic on Dow Jones Index


  • Dhaval Maheta Department of Business and Industrial Management, Surat, India
  • Jaini Shah Department of Business and Industrial Management, Veer Narmad South Gujarat University, Surat, India



Granger Causality Test, Cointegration;Pandemic, COVID 19 Impact


Covid-19 pandemic emerged as a Black Swan event that has shaken the global economy. In the present study the researchers have tried to determine the Impact of Covid-19 pandemic on the US Stock markets using data of Covid-19 confirmed cases and closing price of Dow Jones Index over the period January 21,2020 to May 31,2020. To determine the relationship between covid-19 and US stock market Granger-Casualty test and Johnsen Co-integration test. The Study findings revealed that there is a short-term relationship between this two which means the Covid-19 pandemic has positive impact on price of stock market in a short run.


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How to Cite

Dhaval Maheta, & Jaini Shah. (2021). Impact of Covid-19 Pandemic on Dow Jones Index. Advancement in Management and Technology (AMT) , 1(3), 18-21.