Open side-bar Menu
 The AEC Lens

Archive for November 13th, 2017

Stock Market Prices Playing Sidekick Role in a ‘Buddy Movie’

Monday, November 13th, 2017

Article source: ConstructConnect

As shown in Graphs 1, 2 and 3, the most widely known and discussed U.S. stock market indices – Dow Jones Industrial (DJI), S&P 500 and NASDAQ – all set new record highs in July.

On a year-over-year basis, the DJI at the close of last month was +18.8%; the S&P 500 was +13.6%; and NASDAQ especially stood out with a gain of +23.0%.

Just as remarkable have been the improvements in those three indices relative to their prior peaks.

Since its previous summit in October 2007 (13,930), the DJI is +57.2%.

Since October 2007 (1,549), the S&P 500 is +59.5%.

Also since October 2007 (2,859), when it managed a mini-peak, NASDAQ is presently +122.0%. NASDAQ is even up substantially (+35.2%) relative to its ‘Mt. Everest’ of peaks in February 2000 (4,696), when the ‘dot.com boom’ was in full swing.

(more…)




© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise