Index Levels
To put the downturn of 2002 in perspective, here is a look at annual U.S. stock market declines in 2000, 2001, and 2002:
- Nasdaq
- In 2000, the Nasdaq lost 39.28% of its value (4,069.31 to 2,470.52).
- In 2001, the Nasdaq lost 21.05% of its value (2,470.52 to 1,950.40).
- In 2002, the Nasdaq lost 31.53% of its value (1,950.40 to 1,335.51).
- Dow Jones Industrial Average
- In 2000, the Dow lost 6.17% of its value (11,497.10 to 10,788.00)
- In 2001, the Dow lost 5.35% of its value (10,788.00 to 10,021.60)
- In 2002, the Dow lost 16.76% of its value (10,021.60 to 8,341.63)
Here is a historical view of the stock market downturn of 2002 including figures from the stock market bubble of the late 1990s:
| Date | Nasdaq | % Chng.§ | Dow Jones | % Chng.§ | Notes |
|---|---|---|---|---|---|
| January 1, 1997 | 1,291.03 | — | 6,448.30 | — | |
| January 1, 1998 | 1,570.35 | +21.63% | 7,908.30 | +22.64% | |
| January 1, 1999 | 2,192.69 | +39.63% | 9,181.40 | +16.10% | |
| January 1, 2000 | 4,069.31 | +85.58% | 11,497.10 | +25.22% | |
| January 14, 2000 | 4,064.27 | −0.12% | 11,723.00 | +1.97% | The day the DJIA peaked. |
| March 10, 2000 | 5,048.62 | +24.22% | 9,928.80 | −15.31% | The day the Nasdaq peaked. |
| January 1, 2001 | 2,470.52 | −51.07% | 10,788.00 | +8.65% | |
| January 20, 2001 | 2,770.38 | +12.14% | 10,587.60 | −1.86% | President Bush takes office. |
| September 10, 2001 | 1,695.38 | −38.80% | 9,605.50 | −9.28% | Levels before September 11, 2001 attacks. |
| September 21, 2001 | 1,423.19 | −16.05% | 8,235.80 | −14.26% | Lows after markets reopened. |
| January 1, 2002 | 1,950.40 | +37.04% | 10,021.60 | +21.68% | |
| October 9, 2002 | 1,114.11 | −42.88% | 7,286.27 | −27.29% | 2002 lows. |
| January 1, 2003 | 1,335.51 | +19.87% | 8,341.63 | +14.48% | |
| January 1, 2004 | 2,003.37 | +50.01% | 10,453.92 | +25.32% |
- §Values represent percent change from previous date listed in table.
Read more about this topic: Stock Market Downturn Of 2002
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