Profits and Balance Sheet Developments at U.S. Commercial Banks in 2007
Figure 17. Stock price indexes, 2001-08. Data plotted as curves. Indexed data, January 2007 = 100. The price for the Dow Jones bank index begins in 2001 at about 70 and oscillates between 60 and 70 through the end of 2003, when it begins a steady increase to about 100 by early 2007 and then drops to about 64 by March 2008. The price for the S&P 500 begins in 2001 at about 93; declines, on balance, to about 60 in early 2003; and then rises, on balance, to a high of about 106 in mid-2007, falling to about 92 by March 2008.
Note: The data are monthly and extend through March 2008.
Source: Standard & Poor's and Dow Jones.