Biggest quarterly Dow comeback since 1933
Another indicator of a robust economy.
After tumultuous trading in early 2016, two of the three major U.S. averages clawed back to finish the first quarter in the green.
At one point in the quarter, the major indexes plunged more than 11 percent from the start of the year. They rebounded, though, and enjoyed particularly strong runs in March.
The Dow Jones industrial average saw its biggest quarterly comeback since 1933.
The S&P 500 and the Dow both rose for the second straight quarter, finishing 0.8 and 1.5 percent higher, respectively. The S&P enjoyed gains of 6.6 percent in March, while the Dow climbed 7.1 percent for the month.
Copyright 2016 Liberaland
8 responses to Biggest quarterly Dow comeback since 1933
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anothertoothpick March 31st, 2016 at 21:14
Maybe Bernie Madoff sold them stocks from his prison cell.
StoneyCurtisll March 31st, 2016 at 22:43
This is all Obama’s fault…:)
William March 31st, 2016 at 23:08
But…..but wasn’t Obamacare supposed to plunge the nation indo the icy grips of a deep depression?
Valeria Holmes April 1st, 2016 at 05:55
When I looked at the draft of 6589 dollars, I have faith that brother of my friend was like really generating cash in his free time with his PC..oa His aunt’s neighbor has done this for only 11 months and by now repaid the loan on their home and bought a new Car.
For Details Click Here
ml…
Budda April 1st, 2016 at 08:01
Pension funds and 401k’s should be doing well as should the .01%’ers.
anothertoothpick April 1st, 2016 at 08:52
Money’s only something you need in case you don’t die tomorrow
rat618 April 1st, 2016 at 11:25
The only downside is that this increases the amount of money the Koch brothers and other 1%ers make and can give to the GOPTP.
Red Eye Robot April 1st, 2016 at 21:49
Alan is crowing about how great Wall street is doing, What is Bernie saying about Wall street?
https://youtu.be/8pmw5CAc3rk