February 2003 "Market's Measure" - Preliminary - A Monthly Report From Dow Jones Indexes On Performance Of U.S. And Global Stock Market Indexes

Energy Sector Posts Biggest Gain for February in U.S.
Media Sector Takes the Hardest Hit in Europe

New York, February 27, 2003 - The U.S. blue-chip Dow Jones Industrial Average fell 3.06% in February. Stock market indexes measuring Asia, Europe and world markets also closed down in February, according to preliminary monthly figures from global index provider, Dow Jones Indexes and STOXX Ltd.

(ALL INDEX RESULTS AS OF U.S. MARKETS CLOSE ON FEBRUARY 26, 2003. PLEASE CONTACT DOW JONES INDEXES FOR UPDATED AND MONTH-END DATA.)

• The Dow Jones Industrial Average fell 102.52 points to 7806.98 on Wednesday, its second 100-plus point drop in February. January was more volatile, with 8 days of 100-plus point falls. The Dow is down 3.06% for February and is off 6.4% for the year. (Index calculated in US dollars)
• Measuring Europe, the Dow Jones STOXX 50 index was down 5.54% for February, closing at 2113.7. Year-to-date, the index is down 12.2%. (Index calculated in Euros)
• The Dow Jones Asian Titans 50 index fell 1.09% in February to 78.77. Year-to-date, the index is down 4.52%. (Index calculated in US dollars)
• The Dow Jones Global Titans 50 worldwide blue-chip market index fell 3.41% in February, closing at 139.75. Year-to-date, the index is down 7.55%. (Index calculated in US dollars)

• In the U.S., the Energy sector was the biggest winner, posting a 3.42% gain for the month. The Dow Jones Financial sector posted the biggest loss, dropping 12.23%.
• In Europe, the Dow Jones STOXX 600 Basic Resources sector posted the biggest gain, climbing 1.02%. The Dow Jones STOXX 600 Media sector registered the biggest loss in February, sliding 13.85%.
• Globally, the Basic Resources sector rose 1.34% in the Dow Jones Sector Titans Index. February marks the first time Basic Resources has outperformed every other sector globally since May 2002. The Dow Jones Insurance sector fell 8.76%.

The Dow Jones Industrial Average is the oldest and most widely quoted U.S. stock market index. The 30 stocks that make up/down the Industrial Average are major factors in and critical components of their respective industries.

The Dow Jones STOXX 50 is a European blue-chip index that includes 50 leading European stocks from 17 western European countries.

The Dow Jones Asian Titans 50 Index represents diversified coverage of the 50 biggest and best-known Asia/Pacific blue-chip companies from 10 countries.

The Dow Jones Global Titans 50 Index measures 50 blue-chip, globally oriented companies.

Dow Jones Indexes (www.djindexes.com) is part of Dow Jones & Co. (NYSE:DJ). STOXX Ltd. (www.stoxx.com) is a joint venture between Deutsche Boerse AG, Dow Jones & Company and SWX Swiss Exchange.