Group 1 - The document does not contain any relevant information regarding companies or industries [2][3][5][6]

Core Insights - The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite are key stock market indexes that measure the performance of the U.S. stock market, typically moving in tandem but with varying degrees of gains or losses depending on market conditions and economic state [1] Group 1: Index Characteristics - The S&P 500 uses market capitalization for weighting, includes approximately 500 of the largest U.S. stocks across 11 sectors, providing a broad market performance view [2] - The Nasdaq also employs market cap weighting but consists of over 3,000 stocks, heavily focused on the technology sector, making it a benchmark for tech and growth companies [2] - The Dow is a smaller index with 30 established "blue-chip" stocks, using stock prices for weighting, resulting in a more conservative representation of the market [2] Group 2: Performance Analysis - As of December 2025, the S&P 500 decreased by 0.1%, the Dow increased by 0.7%, and the Nasdaq decreased by 0.5% compared to November [3] - When adjusted for inflation, the real month-over-month changes were 0.4% for the S&P 500, 1.2% for the Dow, and -0.1% for the Nasdaq [4] - Over the last decade, each index has shown significant growth in real terms: S&P 500 up 138%, Dow up 118%, and Nasdaq up 144% [4]

Core Viewpoint - The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite are key stock market indexes that reflect the performance of different segments of the U.S. stock market [1] Group 1 - The S&P 500 index measures the performance of 500 large companies listed on stock exchanges in the United States [1] - The Dow Jones Industrial Average is a price-weighted index that includes 30 significant publicly traded companies [1] - The Nasdaq Composite index is heavily weighted towards technology companies and includes over 3,000 stocks [1]

Core Insights - The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite are key stock market indexes that measure the performance of different segments of the U.S. stock market [1] Group 1 - The S&P 500 index reflects the performance of 500 large companies listed on stock exchanges in the United States [1] - The Dow Jones Industrial Average is a price-weighted index that includes 30 significant publicly traded companies [1] - The Nasdaq Composite index is heavily weighted towards technology and includes over 3,000 stocks [1]

Core Insights - The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite are key stock market indexes that reflect the performance of the U.S. stock market, with varying degrees of gains and losses depending on market conditions and economic state [1][2]. Index Characteristics - The S&P 500 includes approximately 500 of the largest U.S. stocks, weighted by market capitalization, providing a broad market performance view [2]. - The Nasdaq comprises over 3,000 stocks, heavily focused on the technology sector, making it a benchmark for technology and growth companies [2]. - The Dow consists of 30 blue-chip stocks, weighted by stock prices, offering a more conservative representation of the market [2]. Historical Performance - Since their peaks in 2000, the performance changes of the indexes are as follows: Dow increased by 288.5% nominally and 105.6% in real terms; S&P 500 rose by 322.9% nominally and 123.8% in real terms; Nasdaq grew by 325.0% nominally and 124.9% in real terms [4]. - As of August 29, 2025, the month-over-month changes were: S&P 500 up 1.9%, Dow up 3.2%, and Nasdaq up 1.6% [4]. - Adjusted for inflation, the real month-over-month changes were 1.8% for S&P 500, 3.0% for Dow, and 1.4% for Nasdaq [6]. Long-term Growth - Over the last 10 years, each index has shown significant growth in real terms: S&P 500 up 124%, Dow up 106%, and Nasdaq up 125% [8]. ETF Performance - The SPY ETF, tracking the S&P 500, shows a current real purchasing power of $3,499 from an initial investment of $1,000 at its March 2000 peak, reflecting a real compounded annual return of 5.05% [13]. - The DIA ETF, tracking the Dow, has a current real purchasing power of $3,515 from the same initial investment, with a real compounded annual return of 5.03% [14]. - The QQQ ETF, tracking the Nasdaq-100, has a current real purchasing power of $3,113 from the initial investment, yielding a real compounded annual return of 4.56% [16].