By The Numbers

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Giovanny Moreano
Quantitative Analyst at CNBC

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Gina Francolla
Senior Producer of Quantitative & Market Data Services at CNBC
Robert Hum
Markets Producer for CNBC
Yolaiki Gonzalez
Market Data Analyst at CNBC
Marc Briganti
Market Data Analyst at CNBC
Kristen Scholer
Markets Producer for CNBC

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CNBC EXPLAINS

Dow and S&P on Track for Best September Since 1939

Published: Friday, 24 Sep 2010 | 6:23 PM ET

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By: Gina Francolla, Giovanny Moreano, Yolaiki Gonzalez

US stocks closed the week with strong gains on Friday, pushing the major averages to their highest level since early May 2010. The S&P and Dow are currently on track for their best September since 1939, when they rose 14.4% and 11.7%, respectively.

What follows is a summary of this week's statistics on the markets.

Dow Jones Industrial Average [.DJIA Loading... () ]

The Dow ended up 252.4 or 2.38% for the week, logging 4-consecutive weeks of gains
Up 709.61 points or 6.99% in the last 4 weeks
Biggest 4-week % gain since 7/30/10 when it gained 8.05% in that 4-week period
Last time the Dow traded up for 4-straight weeks was on 4/23/10 when it gained 3.26% in that 4-week streak
27 of the Dow 30 components increased for the week
On Friday, the Dow settled up 197.84 or 1.86% at 10,860.26, its highest closing level since 5/12/10 when it settled at 10896.91
Up 8.4% month-to-date, and up 11.1% quarter-to-date
On track for its best September percent increase since 1939 when it gained 11.7% for this month
On track to its best monthly percent gain since 7/2009 when it gained 8.6%
In the past 10 years, the Dow has closed up in September only 4 times (In ’05-’07 & ‘09)
There have only been 4 occurrences in where the Dow has posted September gains of 8% or higher (In 1896, 1915-16, & 1939)
Off by -3,304.27 or -23.3% from the market peak on October 9, 2007 of 14,164.53
Off by -742.26 or -6.6% from its 2010 closing high of 11,205.03 reached on 4/26

S&P 500 [.SPX Loading... () ]

The S&P 500 ended up 23.08 or 2.05% for the week, logging 4-consecutive weeks of gains
Up 84.08 points or 7.9% in the last 4 weeks
Recorded its biggest 4-week % gain since 8/07/09 when it gained 14.94% in that 4-week period
Last time the S&P traded up for 4-straight weeks was on 4/09/10 when it gained 3.86% in that 4-week streak
418 (~84%) of the S&P 500 components rose for the week
On Friday, the S&P settled up 23.84 or 2.12% at 1148.67 its highest closing level since 5/13/10 when it settled at 1157.43
Up 9.47% month-to-date, and up 11.4% quarter-to-date
On track for its best September percent increase since 1939 when it gained 14.4% for the month
On track to its biggest monthly percent gain since 3/2000 when it gained 9.67%
In the past 10 years, the S&P has closed up in September 5 times (In ’04-’07 & ‘09)
There has only been 1 occurrence in where the S&P has posted September gains of 9% or higher (In 1939)
Off by -416.48 or -26.6% from the market peak on October 9, 2007 of 1,565.15
Off by -68.6 or -5.6% from its 2010 closing high of 1217.28 reached on 4/23.

NASDAQ Composite [COMP Loading... () ]

The NASDAQ Composite ended up 65.61 or 2.83% for the week, logging 4-consecutive weeks of gains
Up 227.6 or 10.57% in the last 4 weeks
Recorded its biggest 4-week % gain since 8/07/09 when it gained 13.91% in that 4-week period
The last time the NASDAQ traded up for 4-straight weeks was on 4/23/10 when it gained 5.64% in that 4-week streak
(~83%) of the NASDAQ 100 components rose for the week
On Friday, the NASDAQ settled up 54.14 or 2.33% at 2381.22 its highest closing level since 5/13/10 when it settled at 2394.36
Up 12.64% month-to-date, and up 12.89% quarter-to-date
On track for its best September percent increase since 1998 when it gained 12.98% for this month
On track to its biggest monthly % gain since 10/2002 when it gained 13.45%
In the past 10 years, the NASDAQ has closed up in September only 4 times (In ’04, ’06, ’07 & ‘09)
There has only been 1 occurrence in where the NASDAQ has posted September gains of 12% or higher (In 1998)
Off by -477.9 or -16.7% from its 6-year + high reached on October 31, 2007 of 2,859.12
Off by -148.93 or -5.89% from its 2010 closing high of 2,530.15 reached on 4/23

S&P 500 Sectors

All ten S&P sectors closed the week in positive territory, with technology and industrial companies leading the way to the upside.