New Five-Year High

We done it! The S&P 500 closed at 1,313.21. This is the highest close since February 15, 2001.
Other indexes, however, like the Nasdaq have lagged a bit, so the Wilshire 5000 is still below its levels of two weeks ago. It’s hard to say what this means. The market may becoming more narrowly focused. Hey, it can’t be oil and rocks every day. Can it?

Posted by on May 2nd, 2006 at 5:50 pm


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