2016 Stock Market Statistics and 2017 too!
The stock market is really undergoing major changes in 2017. Some stocks are improving, some are declining, and overall the performance has been somewhat positive for many investors. To really gain insight and understanding about the current state of the stock market, it is important to learn some financial statistics about this. Here are some of the most important 2017 stock market statistics to keep in mind.
First, the month of March was an historic one for the Dow Jones Industrial Average. In March 2017, the Dow Jones Industrial Average reached an all time trading high. Specifically, it closed at 21115.55 points during one day in March. This was very important for the stock market because during the months leading up to this, there was a lot of anticipation about reaching record levels. March’s all time high was a symbolic moment of success for the stock market. It has been less than 10 years since the recession, so reaching a new record high shows the resiliency of the stock market.
Second, the group dollar volume in 2017 has so far increased. In January, the stock market group dollar volume, in billions, was 1,276.32. February saw much of the same results, with a group dollar volume, in billions, of 1,213.43. But in March, the stock market rose. The group dollar volume, in billions, was 1,504.20 in March. This fact is important because it shows that trades are increasing and people are putting more financial assets in the stock market. The hope for many working in the stock market is that this group dollar volume will continue to increase during the rest of 2017.
Finally, during the first few months of 2017, it is becoming clear which industries and sectors are performing at high level and which ones are not. The three sectors with the most growth so far in 2017 are electronic technology, consumer non-durables and consumer durables. The three sectors with the worst performances so far have been energy materials, communications and transportation. This type of information is very valuable to people who invest in the stock market. These performance indicators will let investors know which types of companies will improve their portfolios, and which types of companies they should avoid.