Dow Approaches 11,000

The Dow Jones Industrial Average is about a quarter of a percent from 11,000.  September 26th, 2008 was the last time the Dow closed above 11,000.  That was a Friday.  On Monday the 29th, the Dow fell 777 points to close at 10,365, and the index hasn't seen 11,000 since.  As shown in the chart below, the Dow has made an impressive run from its lows in the mid-6000s to its current level over the past year and change.

 

While the Dow is still below where it was on 9/26/08, the average stock in the S&P 500 is up 5.31% since then.  Below are lists of the S&P 500 stocks that are up or down more than 50% since the Dow last closed above 11,000.  As shown, priceline.com (PCLN) is up by far the most with a gain of 244%.  Ford (F) ranks second with a gain of 168%.  Other notables on the list of big winners include Amazon.com (AMZN), Apple (AAPL), Starbucks (SBUX), and Coach (COH).

While stocks like Citigroup and Bank of America are up significantly since the March 2009 lows, they're still down big since 9/26/08.  Citigroup is down the most at 79%, while Bank of America is down 50.52%.  Only six other stocks are down more than 50% since the Dow last closed above 11,000 -- PLD, MI, KIM, EK, ERTS, and ETFC.