The Market Five Years On

Today is the fifth anniversary of the market’s low close. On October 9, 2002, the Dow closed at 7,286.27. The S&P 500 closed at 776.76, which is eerily similar to the Dow’s low from 20 years before.
Over the last five years, the Wilshire 5000 is up 132.1% (including dividends) which slightly beats gold’s gain of 129.8%. Also, the dollar has lost about 30% of its value against the euro.

Posted by on October 9th, 2007 at 11:02 am


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