Various market returns and benchmarks…..
2004 [Total return]
Dow Jones…… +5.3
S&P 500……..+10.9
Nasdaq………..+8.6
Average U.S. Stock Fund…+12.0
Key International benchmarks…+7.3 to +7.6
[UK, France, Germany, Tokyo]
Review of the trends…
12/31/99
Dow Jones…11497
S&P 500…….1469
Nasdaq………4069
All-time market highs…2000
Dow Jones…11722 [1/14/00]
S&P 500……1527 [3/24/00]
Nasdaq………5048 [3/10/00]
12/31/04
Dow Jones…10783…-8% off high…52-wk range [10854-9749]
S&P 500……1211…-21% off high…52-wk range [1213-1063]
Nasdaq………2175…-57% off high…52-wk range [2178-1752]
—
S&P 500 [Total return…including dividends]
1995…+37.4
1996…+23.1
1997…+33.4
1998…+28.6
1999…+21.0
2000…-9.1
2001…-11.9
2002…-22.1
2003…+28.7
2004…+10.9
Nasdaq
1995…+39.9
1996…+22.7
1997…+21.6
1998…+39.6
1999…+85.6
2000…-39.3
2001…-21.1
2002…-31.5
2003…+50.0
2004…+8.6
Gold
12/96…$368
12/97…$289
12/98…$288
12/99…$289
12/00…$272
12/01…$279
12/02…$347
12/03…$416
12/04…$438
Oil (Light Sweet Crude)
12/99…$25.20
12/00…$26.80
12/01…$19.84
12/02…$31.20
12/03…$32.52
12/04…$43.45
Interest Rates…U.S. Treasury Yields
Date……..2-year….10-year
12/31/99…6.24……..6.43
6/13/03…..1.01……..3.10…historic lows in yield
12/31/03…1.82……..4.25
12/31/04…3.07……..4.22
Wall Street History returns Jan. 14.
Brian Trumbore
