Printer Friendly
The Free Library
14,611,208 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

"Market's Measure"; A Monthly Report from Dow Jones Indexes on Results and Performance of U.S. and Global Stock Market Indexes.


Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 1, 2001

U.S., European, Asian and World Blue Chip Indexes

Post Gains In October

U.S. Oil Drilling, Communications Technology Post Biggest

Industry Index Gains in Month; Drug-based Retail,

Life Insurance Show Biggest Declines

Stock market indexes covering U.S., European, Asian and World markets rose in the first full month of trading since the September 11 terrorist attacks in the U.S., according to global index provider, Dow Jones Indexes.

In the U.S., the Dow Jones Oil Drilling and Dow Jones Communications Technology indexes posted the strongest one-month gains for October, while the Dow Jones Drug-based Retail and Life Insurance indexes posted the largest one-month declines.

Major Market Indexes

The Dow Jones Industrial Average Dow Jones Industrial Average

The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange.
 gained 2.57% in October to 9,075.14, off 5.52% since the close on September 10, 2001, and down 15.87% so far this year.

In Europe, the Dow Jones STOXX 50 measure of pan-European equities performance was up 3.12% in October to 2,338.88. Since the close September 10, Dow Jones STOXX 50 is up 2.96%, and is down 26.81% year-to-date.

The Dow Jones Asian Titans 50 index rose 1.08% in October to 93.75, which is down 7.46% from its close September 10 and off 27.79% so far in 2001.

The Dow Jones Global Titans The Dow Jones Global Titans 50 Index was created to reflect the globalization of international blue chip securities in the wake of mergers and the creation of mega-corporations.  50 worldwide blue-chip market index rose 2.23% in October to 189.14. The October figure left the Dow Jones Global Titans 50 index down 18.46% year-to-date and up 0.4% from the close on September 10.

"Global equities mostly registered gains in October, continuing the trend begun last month in the wake of the September 11 terrorist attacks," said Mike Petronella, Managing Director of Dow Jones Indexes. "This is consistent with a longer-term historical perspective, which shows that equities prices typically regain lost ground in the months following major global events."

(Note: For a report showing historic, post-event reaction of the Dow Jones Industrial Average to major global events, please contact Dow Jones Indexes.)

U.S. Market Sectors

In the U.S., industries in the energy and technology sectors were the strongest performers in October.

The Dow Jones Oil Drilling index rose 24.23% in October, while the Dow Jones Communications Technology index rose 22.21% in the period.

On the downside On the Downside is an EP by the San Diego, California band Counterfit, released by Alphabet Records in 2000. It was the band's first EP, recorded shortly after the members had relocated to San Diego from Fairfield County, Connecticut. , the Dow Jones Retailer Drug-Based index dropped 10.68% in October, while the Dow Jones Life Insurance index fell 10.22% in the month just ended.

About Dow Jones Indexes

Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages Dow Jones Averages

A trademark used for three indexes of the relative price of selected industrial, transportation, and utility stocks based on a formula developed and periodically revised by Dow Jones & Company, Inc.
, the Dow Jones Global Titans 50, the Dow Jones Asian Titans 50, the Dow Jones Sector Titans, the Dow Jones Global Indexes The Dow Jones Global Indexes (DJGI) are a family of real time international equity indexes, including world, region, and country indexes and economic sector, market sector, industry-group, and subgroup indexes. , the Pan-European Dow Jones STOXX Indexes, the Dow Jones U.K. Titans 50, the Dow Jones Canada Titans 40, the Dow Jones Japan Titans 100, the Dow Jones Total Market Index Series, the Dow Jones REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
 Indexes, the Dow Jones-AIG Commodity Index The Dow Jones-AIG Commodity Index [DJ-AIGCI] is a broadly diversified index that allows investors to track commodity futures through a single, simple measure.

The DJ-AIGCI is composed of futures contracts on physical commodities.
, the Dow Jones Islamic Market Indexes, the Dow Jones Internet Indexes and the Dow Jones Sustainability Group Indexes. Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information.

In addition to Dow Jones Indexes, Dow Jones & Company (NYSE NYSE

See: New York Stock Exchange
:DJ; dj.com) publishes The Wall Street Journal and its international and online editions, Barron's and SmartMoney magazines and other periodicals, Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July , Dow Jones Indexes, and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group PLC of Factiva and with NBC NBC
 in full National Broadcasting Co.

Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network.
 of the CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence)
CNBC Consumer News and Business Channel
CNBC Congress of National Black Churches, Inc.
 television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.

As our office in downtown Manhattan is still closed, please use the given mobile phone number or e-mail for questions regarding this press release.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 1, 2001
Words:648
Previous Article:PSC Inc. to Webcast Third-Quarter Conference Call Tuesday, November 6.
Next Article:St. Jude Medical Announces First Implant of the Identity Pacemaker, the Company's Newest and Most Advanced Bradycardia Product.
Topics:



Related Articles
The Dow and other stock indexes.
JOB REPORT LIFTS DOW; GROWTH IN EMPLOYMENT POWERS MARKET TO FOUR-MONTH HIGH.(BUSINESS)
CONSUMERS GETTING JITTERY.(BUSINESS)
EVER-CHANGING DOW TO REACH CENTURY MARK.(NEWS)
Dow Jones sells stake in Latin American Bus. Title; starts newsletters.(divests AmericaEconomia)(Brief Article)
Socially responsible investment pays in Japan: the latest investment boom elsewhere finally gains traction in Japan.(Upfront)
Dow Jones offers recovered paper index.(PAPER)(Dow Jones and Company Inc)
Europe and reinsurance lead as A.M. Best Stock Indexes show a double-digit gain for 2006.(Briefing)
Wells new mutual fund to track Dow Jones securities index.(FINANCE)
A.M. Best composite index shows virtually no gain in first-quarter 2007.(Highlights From BestWeek: Briefing)(Statistical data)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles