|The stock market has been working its way higher since its late November lows. A somewhat positive ending to what was a very dismal year. The Dow was down 33.8% in 2008. To put this year's performance in perspective, today's chart illustrates the 15 worst calendar year performances of the Dow since its inception in 1896. As today's chart illustrates, the Dow's performance in 2008 ranks as the third worst on record. Only 1931 and 1907 endured greater declines. It is of interest that major banking crises occurred in 1931, 1907, 2008, and 1930 – the four worst calendar years on record in terms of stock market performance.Notes:
- Where's the market headed? The answer may surprise you. Find out right now with the exclusive & Barron's recommended charts of Chart of the Day Plus.
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Quote of the Day"About the time we can make ends meet, somebody moves the ends." - Herbert Hoover
Events of the DayJanuary 01, 2009 - New Year's Day - Rose Bowl - Orange Bowl
January 02, 2009 - Sugar Bowl
January 05, 2009 - Fiesta Bowl
January 06, 2009 - US Congress convenes
January 08, 2009 - BCS Championship Game
January 11, 2009 - Golden Globe Awards
Stocks of the Day-- Find out which stocks investors are focused on with the most active stocks today.
-- Which stocks are making big money? Find out with the biggest stock gainers today.
-- What are the largest companies? Find out with the largest companies by market cap.
-- Which stocks are the biggest dividend payers? Find out with the highest dividend paying stocks.
-- You can also quickly review the performance, dividend yield and market capitalization for each of the Dow Jones Industrial Average Companies as well as for each of the S&P 500 Companies.
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