Happy birthday to the Dow Jones Industrials index $Dow Jones(.DJI)$ that just turned 129 years old last week
It closed last week at 42,270.07, well above the 40.94 it started at 129 yrs ago despite spanish flu, 2 world wars, a great depression, a great financial crisis, a dot com crash , a global pandemic etc
That’s over 103,000% capital gain and over 10% annualised return ( including dividends).
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The $Dow Jones(.DJI)$ a significant landmark in the financial world, has weathered 129 years of ups and downs. It started at 40.94 a century and a quarter ago and closed last week at 42,270.07.
The $S&P 500(.SPX)$ ’s “birthday” can be traced back to March 4, 1957, when it was officially launched. However, its historical data can be traced back to January 3, 1928, its first pricing day. The base period for the S&P 500 Index is from 1941 to 1943, starting at 10.
The $NASDAQ(.IXIC)$ Stock Market officially began trading on February 8, 1971, marking the birth of the world’s first electronic stock market. On January 31, 1985, the $NASDAQ 100(NDX)$ was officially launched, representing the performance of the 100 largest non-financial companies listed on NASDAQ.
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