April 17, 2007 Breaking: The S&P 500 Is in the Black for Millennium

April 17, 2007 Breaking: The S&P 500 Is in the Black for Millennium

It took awhile, but the S&P 500 is now positive for the millennium. In your face, bears! It's also up for the century. And decade! (All in one day, woo!)

The S&P 500 closed today at 1471.48 which is just 0.15% higher than the December 31, 1999 close of 1469.25.

That's 7-1/4 years for 0.15%.

Of course, the bad news is that inflation has increased by 22% since then. Meaning, today's 1471.48 is more like 1206. But dividends have added about 12.5% (not much, but we'll take it).

But not all stocks are flat. The story of the decade, I mean millennium, is small-cap and value.

Here's a rundown of some major indexes since December 31, 1999:

S&P 600 Small-Cap Value............129.84%
S&P 600 Small-Cap......................115.01%
S&P 400 Mid-Cap Value...............109.02%
S&P 600 Small-Cap Growth..........98.15%
S&P 400 Mid-Cap...........................97.07%
S&P 400 Mid-Cap Growth..............84.92%
Dow Utilities...................................82.35%
Dow Transports..............................70.70%
Morgan Stanley Cyclical.................68.33%
Russell 2000...................................64.23%
Morgan Stanley Consumer.............36.02%
S&P 500 Value...............................29.95%
Dow.................................................11.10% (29.03% w/divs)
Russell 3000....................................8.19%
Wilshire 5000..................................7.95% (20.49% w/divs)
Russell 1000....................................4.60%
S&P 500...........................................0.15%
S&P 100........................................-15.04%
S&P 500 Growth...........................-23.75%
Nasdaq...........................................-38.15%
Nasdaq 100...................................-50.51%

Here's how the 10 S&P 500 Industry Sectors have fared:

Energy............................................128.23%
Financials.........................................52.87%
Materials..........................................50.94%
Utilities............................................46.96%
Staples............................................34.99%
Healthcare.......................................27.57%
Industrials.......................................20.99%
Discretionary.....................................3.97%
Telecom..........................................-48.75%
Tech...............................................-54.70%