by Pam Martens and Russ Martens, Wall St On Parade:

On Friday, March 4, 2022, the Dow Jones Industrial Average closed at 33,614.7971. Yesterday, one year later, the Dow closed at 33,431.44, a negligible loss of a fraction of one percent – but still a loss. The Dow is composed of just 30 stocks.

The S&P 500, a broader stock market index, includes the common stocks of 500 of the largest companies in the U.S. Over the past year, the S&P 500 fared even worse than the Dow. It went from 4,328.8729 on Friday, March 4, 2022 to yesterday’s closing price of 4,048.42 – a decline of 6 percent.