Macroeconomic Factors and Stock Market Indices

Authors

  • Guoyu Lin Clarkson University
  • Antonio Vecchio Clarkson University
  • Ethan Yager Clarkson University
  • Wenjun Liu Fujian Agriculture and Forestry University

DOI:

https://doi.org/10.58885/ijbe.v07i1.230.gl

Keywords:

Macroeconomic factors, Stock market Indexes, SP 500.

Abstract

This paper explores macroeconomic factors and their effect on the stock market. Our analysis covers the stock market indices, the Dow Jones, the S&P 500, and the NASDAQ, over the period of 10 years starting in 2011 and ending in 2021, compared against
macroeconomic factors, such as gross domestic product, effective funds rate, oil prices, money supply, consumer price index, unemployment rate, and producer price index. In our analysis, NASDAQ is the best indicator to predict macroeconomic factors.

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Published

2022-05-31

How to Cite

Lin, G., Vecchio, A., Yager, E., & Liu, W. (2022). Macroeconomic Factors and Stock Market Indices. International Journal of Business & Economics (IJBE), 7(1), 230–242. https://doi.org/10.58885/ijbe.v07i1.230.gl

Issue

Vol. 7 No. 1 (2022): International Journal of Business & Economics (IJBE)

Section

Articles

License

Copyright (c) 2022 International Journal of Business & Economics (IJBE)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

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