U.S. stock gauges jumped in 2003, marking the first annual gain since 1999 for most.

Investors returned to the stock market after a 3-year slump, encouraged by a recovering economy, higher corporate profits, low interest rates and U.S.-led forces toppling Iraqi leader Saddam Hussein.

The following table shows the annual percentage gains and losses made by the most-watched stock indexes and averages over the past five years.

 

 

                                     2003     2002     2001     2000     1999

Dow Jones Industrials      +25        -17       -7          -6        +25

Standard & Poor's 500     +26        -23     -13         -10        +20

Nasdaq Composite          +50        -31     -21         -39        +86

Nasdaq 100                    +49        -38     -33          -37      +102

Russell 2000                   +45       -22       +1          -4         +20

Dow Jones Transportation +30      -12       -10         -1            -5

Dow Jones Utility             +24       -27      -29       +45           -9

Morgan Stanley Cyclical   +51      -15       +4         -13        +23