03/28/2014
Looking at the Numbers
This is a little late, but I’ve been running a series on the five-year anniversary of the March 9, 2009, low in the equity markets.
Following are the benchmark numbers traders, and investors, should keep handy, based on closing prices.
S&P 500
3/24/00…1527 [then all-time high]
10/9/02…..776
10/9/07…1565 [new all-time high]
3/9/09……676
3/9/14…..1878 [current all-time closing high as of 3/21/14]
Nasdaq
3/10/00…5048 [all-time high]
10/9/02…1114
10/9/07…2803
3/9/09…..1268
3/9/14…..4336 [cycle high as of 3/21/14]
Dow Jones
1/14/00…11722 [then all-time high]
10/9/02…..7286
10/9/07…14164 [new all-time high]
3/9/09……6547
3/9/14…..16452 [current all-time high as of 3/21/14]
But what of the leading international indices? [Using S&P high of 3/24/00 as benchmark date]
London FTSE
3/24/00…6738
10/9/02…3742
10/9/07…6615
3/9/09…..3542
3/9/14…..6712
Frankfurt DAX
3/24/00…7932
10/9/02…2597
10/9/07…7980
3/9/09…..3692
3/9/14…..9350
Tokyo Nikkei
3/24/00…19958
10/9/02…..8539
10/9/07…17159
3/9/09……7086
3/9/14…..15274
By the way, it was way back on 12/29/89…yes, 1989…that the Nikkei hit its all-time high of 38916. By 4/2/90, it was already down to 28002, and the rest is history.
Source: Yahoo Finance and StocksandNews.com database.
Wall Street History will return in two weeks.
Brian Trumbore
