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NASDAQ 2807.68 -6.01 -0.21%
S&P 500 1305.15 +0.29 +0.02%
10 Y Bond 1.714 +0.012 +0.71%

Market Commentary Live News

APRIL 2O12 - FIRST QUARTER

So far, 2012 has exceeded expectations on several fronts. For the first quarter, the S&P 500 posted a total return of 12.6%, its best 1st quarter return since 1998. Likewise, the NASDAQ jumped 19% for the period, its fourth best performance in the first quarter in its history dating back to 1971. The Dow lagged the other two averages but still registered a strong 8.1% return.
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JANUARY 2012 - FOURTH QUARTER

Another year has come and gone. If you just looked at the numbers you would think that nothing much had happened ~ and you would be wrong. While the S&P 500 finished the year virtually unchanged (dividends brought the total return to 2.12%) there was a lot of to and fro over the 12 months. The S&P bounced between 1250 and 1350 for much of the year through July. Then the market declined in "waterfall fashion", entering August with a move straight down to 1150, finally working its way down to 1075 in early October, a decline of about 20%.
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