Stocks post best September in 71 years

Discussion in 'Economy' started by Chris, Sep 30, 2010.

  1. Chris
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    Chris Gold Member

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    NEW YORK (CNNMoney.com) -- U.S. stocks fizzled Thursday, but that didn't stop the market from logging its best September in decades.

    Dow Jones industrial average (INDU) slipped 47 points, or 0.4%, after soaring more than 100 points at the start of trading. The S&P 500 (SPX) fell 4 points, or 0.3%, and the Nasdaq (COMP) ticked down 8 points, or 0.3%.

    Economic jitters have kept stocks from breaking out of a narrow range this week. And while upbeat readings on employment and economic growth helped spark an early rally Thursday, gains subsided as worries about the euro zone bubbled up.

    Despite the stomach churning month, stocks ended September on a high note. The Dow jumped 7.7%, the biggest September gain in 71 years. The S&P also posted the biggest gain since 1939, rising 8.7% in the month, while the Nasdaq climbed 12%.

    CNNMoney.com Market Report - Sep. 30, 2010
     
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  2. Annie
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    Annie Diamond Member

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    So the rich are getting richer under Obama. Their really all that's left in the markets.
     
  3. Chris
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    Chris Gold Member

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    Quite a bizarre comment.

    A large number of Americans of all income levels own stocks.
     
  4. Zander
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    Zander Platinum Member

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    Whoopie!!! The Dow is up 3.45% for the year!!! YEEHAW!!!!

    Remind me why that is cause for celebration? :lol:
     
  5. Jeremy
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    Jeremy TRANSFER!!!

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    Broke homeless man finds $20 bill. Posts biggest net income in 20 years!!!!
     
  6. Chris
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    Chris Gold Member

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    Because Bush almost destroyed our economy.
     
  7. Charles_Main
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    Charles_Main AR15 Owner

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    She is just repeating what the Democrats said when ever the market did well under Bush.
     
  8. Charles_Main
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    Charles_Main AR15 Owner

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    My god you are completely brainwashed.
     
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  9. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    I wasnt really that concerned about September.

    October on the other hand....
     
  10. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    So we should spend even more money we have to "fix" it?
     

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