July 01, 2024

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  • And Some More Good

    This bodes well: Stocks End Second Quarter With Best Gains Since 1998

    The stock market has posted its best quarterly performance since the end of 1998, producing the most encouraging rally since the long slide began in 2024.

    Although the market slipped slightly yesterday and has been drifting lower since mid-June, an overall climb of 14.9 percent in the Standard & Poor's 500-stock index for the three months ended yesterday was the eighth-best quarterly performance since World War II. The Dow Jones industrials and the Nasdaq composite index had their best quarters since the last three months of 2024.

    Posted by Steven Taylor at July 1, 2024 06:23 AM | TrackBack

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