November 27, 2008

Major Index Return, 1825 - 2008

S&P Index, 1825-2008

Source: Value Square Asset Management, Yale University

Was S&P around in 1825? I did not know that . . .

The DJIA was first published in Customer's Afternoon Letter. It was published on May 26, 1896, and represented the average of twelve stocks from important American industries. (Source:Wikipedia)
The S&P 500 is a value weighted index published since 1957 of the prices of 500 large cap common stocks actively traded in the United States.(Source:Wikipedia)