Best years of DJIA index 2023 | Statista (2024)

FAQs

What were the best years for the stock market? ›

But stock prices soared in 1995--arguably, the best year in history. A number of major money managers made switches out of equities into government bonds in early 1996--fearing high stock prices and a market sell off. But 1996 was again a strong year for most of the market.

The Dow Jones Composite Index finished the year 2023 at 12,249.97 points, an increase compared to the previous year. Even with the economic effects of the global coronavirus (COVID-19) pandemic, 2021 had the highest point of the index in the past two decades.

Dow Jones price prediction 2024: The Dow Jones price predictions range from 34,000 (-8.5%) to 45,000 (+20%), with most analysts saying more strength in '24 is likely.

The S&P 500's annual average return in 2023 was 24%, so far it is 19% in 2024.

Investing during the 1930s and 2000s led to suboptimal outcomes. Investing in the 1950s, 1980s or 1990s led to phenomenal results in just a decade's time. These results make sense in the context of the annual returns for each decade.

Some of the most significant stock market crashes in U.S. history include the crash in 1929 that preceded the Great Depression, the crash in 1987, known as Black Monday, the dotcom bubble crash in 2001, the 2008 crash related to the Financial Crisis, and the 2020 crash following the outbreak of COVID.

Stock market performance in 2023 was a reflection of the relatively strong U.S. economy. The S&P 500 index increased 24.31 percent, more than twice the long-run average return on U.S. large-cap stocks. China's stock returns reflect significantly lower economic growth in 2022 and 2023 relative to pre-COVID levels.

The Dow Jones Industrial average has doubled every 8.1 years, or 2,969 days, since 1983.

Heading into 2024, investors are optimistic the same macroeconomic tailwinds that fueled the stock market's 2023 rally will propel the S&P 500 to new all-time highs in 2024.

What stock will boom in 2024? ›

Alongside, the market has a lot to offer on a stock to sector basis by investing in upcoming areas. In the long-term, we foresee a target of 26,500 for December 2025. The market estimates a stable earnings growth of 12 to 14% for the next 2-3yrs in anticipation of the average 7% GDP growth of India.

In 2023, the Dow gained 14%. Nasdaq Composite: The tech-heavy Nasdaq index was the year's biggest star, however. Although it was down 0.56% Friday, closing at around 4769, it rose by 43% in 2023 — its best performance since 2020.

If the average dividend yield of your portfolio is 4%, you'd need a substantial investment to generate $3,000 per month. To be precise, you'd need an investment of $900,000. This is calculated as follows: $3,000 X 12 months = $36,000 per year.

Overall, the market's trends were favorable to the largest U.S. stock funds, each of which are index funds tracking the S&P 500. All four finished 2023 ahead of at least 70% of other large-blend funds. Over a three-year period, the higher returns belonged to the largest actively managed funds.

Historically, the United States Stock Market Index reached an all time high of 5672.45 in July of 2024. United States Stock Market Index - data, forecasts, historical chart - was last updated on September 17 of 2024.

The Post-World War II Years (1945–1954)

After the end of the second World War, the Dow started another recovery that ultimately led to the all-time closing high set back in 1929.

So, if you had invested in Netflix a decade ago, you're probably feeling pretty good about your investment today. A $1000 investment made in August 2014 would be worth $10,277.96, or a 927.80% gain, as of August 19, 2024, according to our calculations.

The S&P 500 hit its last record close on July 16. Meanwhile, it's intraday high that day was 5,669.67. Those are the levels to watch throughout the trading day. If the S&P 500 gains momentum, it could achieve its 39th record close of 2024.