Stocks end spectacular first quarter

Discussion in 'Politics' started by Chris, Mar 30, 2012.

  1. Chris
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    Chris Gold Member

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    NEW YORK (CNNMoney) -- U.S. stocks closed mixed Friday, with the Dow and S&P 500 ending their best first quarter in over a decade, as investors weighed a report on consumer spending and a boost in the eurozone bailout fund.

    The Dow Jones industrial average (INDU) gained 66 points, or 0.5%, to end at 13,212. The S&P 500 (SPX) added 5 points, or 0.4%, to 1.408. The Nasdaq (COMP) edged down 4 points, or 0.1%, to 3,090.

    Friday's gains capped a stellar three months for stocks, with the Dow and S&P posting the biggest first-quarter gain since 1998. Despite Friday's decline, the Nasdaq had its best first quarter since 1991, according to the Stock Trader's Almanac.

    For the quarter, the Dow gained 8.1%, the S&P 500 advanced 12% and the Nasdaq rose a whopping 19% since New Year's Day

    Stocks end spectacular quarter - Mar. 30, 2012
     
  2. The T
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    The T George S. Patton Party Supporting Member

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    What USED TO BE A REPUBLIC RUN BY TYRANTS
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    Note how WALL STREET is OK when a Marxist as Obama is in charge...and when a Republican is in charge? It's his head on a platter?:badgrin:

    Chrissy?

    *YOU are transparent as Hell*
     
  3. Chris
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    Chris Gold Member

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    Socialist T!

    What's up?
     
  4. Chris
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    Chris Gold Member

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    While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.

    The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.

    That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.

    Stocks Return More With Democrat in White House: BGOV Barometer - Bloomberg
     
  5. Dot Com
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    Dot Com Nullius in verba Supporting Member

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    *crickets*
     
  6. g5000
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    g5000 Diamond Member

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    Indeed, the rich keep getting richer. Including me.

    Good for us.:party:
     
  7. Chris
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    Chris Gold Member

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    They can't handle the truth.

    Their's is the world of mythology.
     

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