Nasdaq Composite Index
dropped 2.4% during 2011, as per
. Headline events contributed to stock movement in 2011, including quantitative easing, operation twist, the European sovereign debt crisis, the Greek tragedy, the "Arab Spring," U.S. Congress gridlock, Japan's catastrophe, and central banks' interventions.
While the S&P index is likely to end the year without any significant change, various sub-indices escaped: the
S&P 500 GAS UTIL
S&P 500 OIL&GAS ST&TR IX
( S5OGST INDEX)
gained 44.2% and 42.6%, respectively. Companies like
El Paso Corporation
led the sub index, surging 54.86% and 90.77%, respectively.
S&P 500 TRAD C&DIST
rose 41.6% year-to-date in 2011.
was the top gainer on the index, rising 46.05% in 2011. The
S&P 500 MANG'D HLTH
( S5MANH INDEX)
moved up 33.4%, and the top gainer of this sub index was
, edging forward 60.08% until date.
Among the major weight holders of the SPX index, the
S&P 500 INTGR OIL&GS
has the maximum weight of 7.2%, gaining 11% following a 5.12% upsurge in oil prices, to $99.54, on Dec. 28, from $94.70 at the beginning of the year.
(CVX - Get Report)
topped the list, up 16.12%.
(XOM - Get Report)
followed, growing 15.13% during 2011.
The second-highest weight holder is the pharmacy index
S&P 500 PHARM
at 6.3%, rising 12.9% during the year. This growth was led by
(PRGO - Get Report)
Bristol Myers Squibb
(BMY - Get Report)
, which showed upside of 56.17% and 32.40%, respectively.
Going forward, experts are optimistic about 2012, but add that the aftershocks of 2011 will be felt. Speaking on the
policies and the outlook for the U.S. economy, Hugh Johnson, chairman of Hugh Johnson Advisors LLC., told
that markets are expected to be volatile in 2012.
According to a
UTV analyst, investors may see 12% to 20% annual return from the global stock markets and the U.S. economy will show signs of improvement, while Europe will continue to remain under pressure. Analysts also believe that if the debt crises and the recession persist, they will be detrimental to global stock markets.