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CNBC Turns 20: Best Performers Over 2 Decades
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20 years ago today – on April 17, 1989 – the Consumer News and Business Channel launched. And how the network has evolved – from showing how to cook chicken in a microwave on the first day of broadcasting to covering the current global economic crisis over the past year.
But just as the network grew, so did the markets. Take a look at how the markets and various stocks have performed over the past two decades:
Dow Jones Industrial Average Components
Of the 30 current Dow components, only 16 were members of the index when CNBC launched back in 1989. Only one of those (General Motors [GM
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Here are the 16 stocks that are still in the Dow today:
Change Since 4/17/89
Procter & Gamble +780%
United Technologies +723%
McDonald’s +718%
Coca-Cola +594%
ExxonMobil +540%
Chevron* +398%
IBM +265%
3M +233%
General Electric +211%
American Express +146%
Merck +144%
Boeing +141%
AT&T** +130%
DuPont +60%
Alcoa +15%
General Motors -94%
*Chevron left the index in 1999, before rejoining it in 2008
**Recall, Dow component SBC acquired AT&T in 2005 and took on the AT&T [T
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Major U.S. Indices Change Since 4/17/89
Dow Industrials +248%
Dow Transports +181%
Dow Utilities +77%
S&P 500 +187%
Nasdaq Composite +300%
Russell 2000 +194%
International Indices Change Since 4/17/89
Hong Kong +397%
U.K. +97%
Japan -74%
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Data is a real-time snapshot *Data is delayed at least 15 minutes
