Friday 9 March 2012

S&P 500 Skyrockets 102% in 3 Years

Three years after the financial crisis sent the S&P 500 to its lowest level in over 12-years, investors celebrate the strong comeback of the stock market.
When the S&P 500 hit bottom on March 9, 2009, it was 56.8 percent off its all-time closing high of 1,565.15 on Oct. 9, 2007.
Since reaching a low, however, the S&P 500 [1365.91] is up nearly 102 percent, with 80 percent of the index components up more than 50 percent.

What follows is an overview of the stock market since the March 2009 low.
S&P 500 101.90%
Dow 97.20%
Nasdaq 134.10%


A correction may be coming in the near to mid term.

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