Dow Jones Industrial Average, NASDAQ and S&P 500 Composite for Week Apr. 6 - Apr. 13

What is the S&P 500? The S&P 500 is a marketvalue weighted index composed of 400 industrial stocks, 20 transportation, 40 financial, and 40 utility. It is a far broader measure than the DJIA because it takes into account 500 different stocks traded on the two main exchanges (NYSE and NASDAQ-AMEX) compared to the DJIA's 30 all traded on the NYSE and NASDAQ.

- Compiled by Daily Staff Reporter Kevin Magnuson from wire reports.

Highlights from the week: Wednesday saw the biggest one day point loss in NASDAQ history as it closed below 4,000 for the first time since Jan.31. The sell-off was due to a Goldman Sachs analyst lowering his revenue estimates for Microsoft in the upcoming quarter. The Dow followed the selling trend in case if selling were to continue over the next few days and there were margin calls, so investors wanted to take a profit in order to have enough capital. NASDAQ's volatile market has seen its nine out 10 worst and best days in its history since the beggining of the year.

What is the NASDAQ Composite? The NASDAQ is the fastest growing stock market in the United States due to it being a screen-based stock market, compared to a trading floor market like the NYSE. It also has almost all of the technological stocks available for trading, which has proved to be a very volatile industry in the last couple of years.

What is the Dow Jones Industrial Average? The DJIA represents 30 stocks traded on the New York Stock Exchange (NYSE) and are all major factors in their respective industries. These stocks are widely held by individuals and institutional investors. Many financial advisers think of it as a good indicator in telling whether the NYSE is doing well or poorly.

4/6 11,114.27 +80.35 4,267.56 +98.34 1,501.34 +13.97

4/7 11,111.48 -2.79 4,446.45 +178.89 1,516.35 +15.01

4/10 11,186.56 +75.08 4,188.20 -258.25 1,504.46 -11.89

4/11 11,287.08 +100.52 4,055.90 -132.30 1,500.59 -3.87

4/12 11,125.13 -161.95 3,769.21 -286.69 1,467.19 -33.40

4/13 10,923.55 -201.58 3,676.36 -92.85 1,440.53 -26.66

Originally on page 3 in the 4-14-2000 issue of the Daily.