Breaking: The S&P 500 Is in the Black for Millennium

It took awhile, but the S&P 500 is now positive for the millennium. In your face, bears! It’s also up for the century. And decade! (All in one day, woo!)
The S&P 500 closed today at 1471.48 which is just 0.15% higher than the December 31, 1999 close of 1469.25.
That’s 7-1/4 years for 0.15%.
Of course, the bad news is that inflation has increased by 22% since then. Meaning, today’s 1471.48 is more like 1206. But dividends have added about 12.5% (not much, but we’ll take it).
But not all stocks are flat. The story of the decade, I mean millennium, is small-cap and value.
Here’s a rundown of some major indexes since December 31, 1999:
S&P 600 Small-Cap Value…………129.84%
S&P 600 Small-Cap………………….115.01%
S&P 400 Mid-Cap Value……………109.02%
S&P 600 Small-Cap Growth……….98.15%
S&P 400 Mid-Cap………………………97.07%
S&P 400 Mid-Cap Growth…………..84.92%
Dow Utilities……………………………..82.35%
Dow Transports…………………………70.70%
Morgan Stanley Cyclical……………..68.33%
Russell 2000……………………………..64.23%
Morgan Stanley Consumer………….36.02%
S&P 500 Value………………………….29.95%
Dow………………………………………….11.10% (29.03% w/divs)
Russell 3000………………………………8.19%
Wilshire 5000…………………………….7.95% (20.49% w/divs)
Russell 1000………………………………4.60%
S&P 500…………………………………….0.15%
S&P 100………………………………….-15.04%
S&P 500 Growth………………………-23.75%
Nasdaq…………………………………….-38.15%
Nasdaq 100……………………………..-50.51%
Here’s how the 10 S&P 500 Industry Sectors have fared:
Energy……………………………………..128.23%
Financials…………………………………..52.87%
Materials……………………………………50.94%
Utilities……………………………………..46.96%
Staples……………………………………..34.99%
Healthcare…………………………………27.57%
Industrials…………………………………20.99%
Discretionary……………………………….3.97%
Telecom……………………………………-48.75%
Tech………………………………………..-54.70%

Posted by on April 17th, 2007 at 7:00 pm


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