[Economic Indicators January, 2003]
[Page Number 31]
[From the U.S. Government Publishing Office, www.gpo.gov]
COMMON STOCK PRICES AND YIELDS
Stock prices were mixed in January.
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Common stock prices \1\ Common stock yields
------------------------------------------------------------------------------------------------------------------- (percent) \8\
New York Stock Exchange indexes \2\ Nasdaq ------------------------
Period --------------------------------------------------------------------- Dow Jones Standard & composite
Composite (Dec. December 31, 1965=50 industrial Poor's composite index (Feb. Dividend- Earnings-
31, 2002=5,000) ---------------------------------------------------- average \5\ index (1941- 5, 1971=100) price ratio price
\3\ Industrial Transportation Utility \4\ Finance 43=10) \6\ \7\ ratio
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1993................................................ 2,638.96 299.99 242.49 228.90 216.42 3,522.06 451.41 715.16 2.78 4.46
1994................................................ 2,687.02 315.25 247.29 209.06 209.73 3,793.77 460.42 751.65 2.82 5.83
1995................................................ 3,078.56 367.34 269.41 220.30 238.45 4,493.76 541.72 925.19 2.56 6.09
1996................................................ 3,787.20 453.98 327.33 249.77 303.89 5,742.89 670.50 1,164.96 2.19 5.24
1997................................................ 4,827.35 574.52 414.60 283.82 424.48 7,441.15 873.43 1,469.49 1.77 4.57
1998................................................ 5,818.26 681.57 468.69 378.12 516.35 8,625.52 1,085.50 1,794.91 1.49 3.46
1999................................................ 6,546.81 774.78 491.60 473.73 530.86 10,464.88 1,327.33 2,728.15 1.25 3.17
2000................................................ 6,805.89 810.63 413.60 477.65 553.13 10,734.90 1,427.22 3,783.67 1.15 3.63
2001................................................ 6,397.85 748.26 443.59 377.30 595.61 10,189.13 1,194.18 2,035.00 1.32 2.95
2002................................................ 5,578.89 657.37 431.10 260.85 555.27 9,226.43 993.94 1,539.73 1.61 ..........
2002:Jan............................................ 6,151.15 723.56 446.13 322.49 591.94 9,923.80 1,140.21 1,976.77 1.38 ..........
Feb........................................... 6,022.23 715.80 453.51 301.32 570.18 9,891.05 1,100.67 1,799.72 1.43 ..........
Mar........................................... 6,352.08 751.79 490.51 316.27 609.72 10,500.95 1,153.79 1,863.05 1.37 2.15
Apr........................................... 6,212.88 732.71 470.00 r 300.66 610.24 10,165.18 1,112.03 1,758.80 1.42 ..........
May........................................... 6,087.85 718.12 459.55 287.10 603.15 10,080.48 1,079.27 1,660.31 1.47 ..........
June.......................................... 5,755.89 677.58 449.42 265.21 577.05 9,492.44 1,014.05 1,505.49 1.58 2.70
July.......................................... 5,139.94 603.04 416.10 230.19 524.01 8,616.52 903.59 1,346.09 1.76 ..........
Aug........................................... 5,200.62 611.34 409.96 225.52 533.60 8,685.48 912.55 1,327.36 1.72 ..........
Sept.......................................... 4,980.65 589.14 388.19 210.76 506.05 8,160.78 867.81 1,251.07 1.80 r 3.68
Oct........................................... 4,862.70 574.45 383.41 207.83 494.06 8,048.12 854.63 1,241.91 1.86 ..........
Nov........................................... 5,104.89 597.75 405.03 229.41 523.50 8,625.72 909.93 1,409.15 1.73 ..........
Dec........................................... 5,075.76 593.15 401.39 233.38 519.72 8,526.66 899.18 1,387.15 1.77 ..........
2003:Jan............................................ 5,055.78 587.78 394.84 236.43 522.51 8,474.59 895.84 1,389.56 1.80 ..........
Week ended:
2003:Jan 4.......................................... 5,070.15 591.28 400.40 237.54 518.21 8,470.92 894.21 1,361.75 1.81 ..........
11........................................ 5,197.33 603.09 409.23 249.02 535.75 8,734.11 923.40 1,428.03 1.75 ..........
18........................................ 5,177.63 600.53 404.16 242.62 536.00 8,727.28 918.50 1,429.15 1.74 ..........
25........................................ 4,963.78 577.89 383.53 228.80 515.56 8,315.53 878.68 1,363.54 1.83 ..........
Feb 1......................................... 4,829.41 562.77 375.87 221.56 500.14 8,037.61 854.14 1,333.75 1.87 ..........
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\1\ Average of daily closing
prices.
\2\ Includes all the stocks
(nearly 3,000) listed on the NYSE.
\3\ Effective January 9, 2003,
the NYSE relaunched the composite
index with changes in methodology,
definitions, and based on Dec. 31,
2002=5,000.
\4\ Dec. 31, 1965=100. Effective
April 27, 1993 the NYSE doubled the
value of the utility index to
facilitate trading of options and
futures on the index.
\5\ Includes 30 stocks.
\6\ Includes 500 stocks.
\7\ Includes over 4,000 stocks.
\8\ Standard & Poor's series.
Dividend-price ratios based on
Wednesday closing prices. Earnings-
price ratios based on prices at end
of quarter.
Sources: New York Stock
Exchange, Dow Jones & Company, Inc.,
Standard & Poor's, and Nasdaq Stock
Market.