Sivak said that the 14 percent drop in his index swamps the four percent increase in drivers over the period.
After seeing the Baltic Dry Index drop steadily since the end of October 2010, a survey by Bloomberg showed that with approximately 200 capesizes, or cargo ships spanning more than 1, 000 feet, coming out of the shipyards this year, a surplus in vessels will lead to a glut that will produce additional pain to shipping companies.
The mother of all tech markets, the Nasdaq, registered a 39.28% drop of its composite index this year.
It was the nine percent drop in the Shanghai index on Tuesday that triggered the global slide in stock prices.
Epstein said the inflation theme has begun to stall out, noting the drop in the CRB Index, an index that tracks certain commodity prices.
The drop in the average index was broadly in line with expectations, but the German index fell by less than expected, while the French and Italian indices fell by more.
Returns are likely to be overstated given that poor performers will drop out of the index (so-called survivorship bias) and that only funds that are initially successful will agree to report their numbers.
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The latest index marks a drop of eight points (15%) from the third quarter of 2012.
This was the first three hundred-point drop for the blue chip index in almost a year.
Yesterday brought the worst drop for the blue chip index in almost a year, and sank it below the key 13, 000 mark.
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The index reversed a drop of as much as 24 points amid news that House Republican leaders are considering a plan to extend the federal borrowing limit for three months.
With any figure below 50 indicating a drop in output, the Markit index has now posted contractions for six of the past seven months.
Consumer prices fell 1.7% in November, as measured by the U.S. Labor Department's Consumer Price Index, a steeper drop than the 1.3% expected by Wall Street, according to TradeTheNews.com.
The benchmark Shanghai Composite Index has fallen nearly 17% over the past year, compared with a nearly 13% drop in the broader Dow Jones Asia-Pacific index over the same period.
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That could help Apple spur sales and its slumping share price, which has fallen 57% so far this year, far worse than Morgan Stanley Technology Index's 47% drop.
Still, the share prices of this elite group are up an average of 26% over the last 12 months, compared with a drop of 59% for the Nasdaq index.
While Brand Keys' Customer Loyalty Index showed a 15% drop in JetBlue's score after the Presidents Day weekend's fiasco, that wasn't enough to knock the New York-based carrier from the top spot.
Since index fund fees are continuing to drop, check regularly to ensure you're not falling far behind the fee leader.
Strong gains in the U.S. dollar index recently, along with a large drop in crude oil prices, have worked to put solid downside price pressure on the precious metals markets.
Shares in Asia also closed down sharply, with Japan's main Nikkei index suffering its biggest one-day drop since the 1987 stock market crash and Hong Kong's Hang Seng slumping to a three-year low.
The unexpected drop in the Conference Board's consumer confidence index to 53.1 in September, from 54.5 in August, provoked a "dollar-safety" play, but Chau believes the market is waiting for Friday's labor report to set the tone for the dollar's near-term future.
The equities index has nearly reversed its one-month drop, after closing at 1, 331.10 on May 27.
The drop comes even as two of the four components of the index made positive moves.
The Bank of Scotland's latest Purchasing Managers' Index (PMI) suggested a second successive monthly drop in new business orders.
And the last 10% drop took place in the summer of 2011, when the index lost 17% as the European debt crisis flared up and the U.S. government's debt rating was downgraded.
The March consumer price index fell by 0.2%, with a drop in energy costs behind the move.
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Further support came from weaker-than-expected data on Thursday, specifically the drop in U.S. leading indicators and the Philadelphia Fed index.
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Software firm Autonomy and logistics group Exel are to drop out of the FTSE-100 following the blue-chip index's quarterly reshuffle.
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