...from four weeks of heavy losses. The tech-rich Nasdaq climbed 1.95 percent for the week to 2,282.78 and the broad-market Standard & Poor's 500 index added 1.71 percent to 1,260.68. The market saw a strong snapback after four moribund weeks, managing to...
...Standard & Poor's 500 Index rose 1.7 percent to 1,260.68 this week. The equity benchmark earlier this month fell more than 20 percent from its October peak, the threshold for a bear market, amid record oil prices and concerns about financial firms'...
...fell from its peak in March, 2000. For example, the dollars you invested in stocks back in October of 2002, after the Standard & Poorâs 500 index had fallen nearly 50% from its peak, have actually earned an annualized return of roughly 9.5% - a figure...
..."This was an inflection week," said Alec Young, strategist at Standard & Poor's. "We've switched from never-ending worries about credit, the economy and oil to actually looking at earnings. Although fundamentals still need to improve, stocks precede fundamentals."...
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20 hours ago from Middle East North Africa Financial Network