U.S. markets suffer as virus spreads

Weekly DJIA Index performance 2024  Statista

U.S. markets suffer as virus spreads

Weekly Development of the Dow Jones Industrial Average Index

Overview

The Dow Jones Industrial Average (DJIA) is a stock market index that measures the performance of 30 large publicly-owned companies trading on the New York Stock Exchange (NYSE) and the NASDAQ. This article presents the weekly development of the DJIA from January 2020 to October 2024.

Sustainable Development Goals (SDGs)

The Sustainable Development Goals (SDGs) are a collection of 17 global goals set by the United Nations General Assembly in 2015. They aim to address various social, economic, and environmental challenges and promote sustainable development worldwide. Throughout this article, we will analyze the weekly development of the DJIA in the context of the SDGs.

Weekly Performance

Below is a summary of the weekly performance of the DJIA from January 2020 to October 2024:

  1. January 2020: The DJIA started the year at 28,868 points and ended the month at 28,256 points, representing a decrease of 2.1%.
  2. February 2020: The DJIA experienced significant volatility due to the COVID-19 pandemic. It started the month at 28,256 points and ended at 25,409 points, reflecting a decline of 10.1%.
  3. March 2020: The DJIA continued to decline as the pandemic spread globally. It started the month at 25,409 points and ended at 21,917 points, marking a decrease of 13.8%.
  4. April 2020: The DJIA started to recover slightly, beginning the month at 21,917 points and ending at 23,775 points, representing an increase of 8.5%.
  5. May 2020: The DJIA continued its recovery, starting the month at 23,775 points and ending at 25,383 points, reflecting a growth of 6.8%.

Conclusion

The weekly development of the DJIA from January 2020 to October 2024 has been influenced by various factors, including the COVID-19 pandemic, economic policies, and global events. It is important to consider the impact of these developments on the SDGs, as they have implications for economic growth, poverty reduction, and environmental sustainability. By monitoring the performance of stock market indices like the DJIA, policymakers and stakeholders can assess progress towards the SDGs and make informed decisions to promote sustainable development.

SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 8: Decent Work and Economic Growth 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 percent gross domestic product growth per annum in the least developed countries Not mentioned or implied in the article
SDG 9: Industry, Innovation, and Infrastructure 9.1: Develop quality, reliable, sustainable and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all Not mentioned or implied in the article
SDG 10: Reduced Inequalities 10.1: By 2030, progressively achieve and sustain income growth of the bottom 40 percent of the population at a rate higher than the national average Not mentioned or implied in the article
SDG 16: Peace, Justice, and Strong Institutions 16.3: Promote the rule of law at the national and international levels and ensure equal access to justice for all Not mentioned or implied in the article

Source: statista.com