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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsS&P 500 climbs to less than 10 percent below all-time high
Dear Mitt, how's this for a turn around, you know, the S&P 500:
March 06, 2009 - 683.38
March 19, 2012 - 1412.96
Lucky people don't care about their 401(k)s isn't it?
S&P 500 climbs to less than 10 percent below all-time high
NEW YORK (Reuters) - The S&P 500 rose on Monday to trade less than 10 percent below its historic closing high set in October 2007, as news that Apple will start paying a dividend again added to optimism spurred by weeks of strong economic data in the United States to continue to lure investors into U.S. stocks...
The S&P 500's session high of 1,410.44 was less than 10 percent below the benchmark's historic closing high of 1,565.15 set on October 9, 2007.
http://www.cnbc.com/id/46784679
NEW YORK (Reuters) - The S&P 500 rose on Monday to trade less than 10 percent below its historic closing high set in October 2007, as news that Apple will start paying a dividend again added to optimism spurred by weeks of strong economic data in the United States to continue to lure investors into U.S. stocks...
The S&P 500's session high of 1,410.44 was less than 10 percent below the benchmark's historic closing high of 1,565.15 set on October 9, 2007.
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S&P 500 climbs to less than 10 percent below all-time high (Original Post)
denem
Mar 2012
OP
this is with the Banks struggling. Bank of America is $10 (and SAFE - sorry Matt Taibbi)
banned from Kos
Mar 2012
#1
banned from Kos
(4,017 posts)1. this is with the Banks struggling. Bank of America is $10 (and SAFE - sorry Matt Taibbi)
and others less than 30% of 2007 highs.
finance bubbled in 2007 and buoyed the S&P indexes.
denem
(11,045 posts)2. 'They say' Apple is the main driver of this market.
I think it accounts for almost half the growth in total market cap over a year - up 80% on a P/E of 17.
banned from Kos
(4,017 posts)3. Apple accounts for zero in the growth of the Dow.
and not much in the S&P 500.
In the NAZ? Probably a lot. The NAZ is weighted by market cap.