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U.S. mid-cap index first to recoup all crisis losses
Posted By Prieur du Plessis On February 11, 2011 @ 10:20 am In Investment,Stocks | No Comments
Some perspective on the post-financial crisis rally comes via Chart of the Day [1], illustrating how much of the downturn that occurred as a result of the financial crisis has been retraced by each of the five major U.S. stock market indexes.
“For example, the Dow peaked at 14,164.53 back on October 9, 2007 and troughed at 6,547.05 back on March 9, 2009. The Dow currently trades at 12,229.29 — it has retraced 74.6% of its financial crisis bear market decline,” said the report.
“As the chart below shows, each of these five major stock market indices have retraced over 70% of their financial crisis decline. However, it is the Russell 2000 (small-cap stocks), the tech-laden Nasdaq, and the S&P 400 (mid-cap stocks) that have recouped nearly all or (in the case of the S&P 400) more than all of the losses incurred during the financial crisis.”
Source: Chart of the Day [1], February 11, 2011.
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URLs in this post:
[1] Chart of the Day: http://www.chartoftheday.com/
[2] Image: http://www.investmentpostcards.com/wp-content/uploads/2011/02/chart-of-the-day.jpg
[3] Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.: http://www.feedburner.com/fb/a/emailverifySubmit?feedId=921608&loc=en_US
[4] (What's this?): http://www.wikinvest.com/blogger/wikinvest_wire
[5] Whose Bailout is it Anyway?: http://www.wallstreetdaily.com/2012/02/13/greek-austerity-package-agreed
[6] Ratio Analysis: $DAX/European Financial Index Going Parabolic?: https://moneymorning.com/2012/01/24/ratio-analysis-daxeuropean-financial-index-going-parabolic
[7] The Great Minds of the Market: Charles Dow: http://www.investmentu.com/2012/January/charles-dow.html
[8] 2008 Financial Crisis: http://www.wikinvest.com/concept/2008_Financial_Crisis
[9] Mandarin Entmt: http://www.wikinvest.com/stock/Mandarin_Entmt_(HKG:9)
[10] Dow Jones Industrial Average (DJI): http://www.wikinvest.com/index/Dow_Jones_Industrial_Average_(DJI)
[11] Wikinvest: http://www.wikinvest.com
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