Volatility
returned to Wall Street in the first half of 2007, with the Dow registering
new highs as well as its largest single-day drop since 2001. In this
special, the NBR team examines the performance of the markets and
the economy to date and also gets the investment outlook for the rest
of the year.
A summary
of stock and fund performance in the first half of 2007.
U.S.
Stock Indices
Index
Close
on 6/29/07
Gain/Loss
since 1/3/07
DJIA
13,408.62
+
8.5%
Nasdaq
2,603.23
+ 7.5%
S&P
500
1,503.35
+5.5%
Top
Mutual Fund Sectors - 2nd Quarter (Source: Morningstar)
Fund
Sector
Gain
Latin
America Stock
+
20.2%
Pacific/Asia
ex-Japan Stock
+
19.5%
Emerging
Markets
+
14.9%
Natural
Resources
+
11.9%
Communications
+
11.2%
Top
Mutual Funds - 2nd Quarter (Source: Morningstar)
Fund
Symbol
Gain
Direxion
Lat Am Bull
DXZLX
+
38.5%
ProFunds
UltraEmerg Mkts.
UUPIX
+
30.7%
AIM
China A
AACFX
+
27.5%
Dreyfus
Premier Gr. China A
DPCAX
+
25.7%
Nationwide
China Opp
GOPAX
+
25.5%
Interviews:
The
2007 edition of the "Markets at Midyear" includes three in-depth
interviews.
Midyear
Outlook Anchor
Susie Gharib gets an economic
forecast from Hugh Johnson of Johnson Illington Advisors, Josh Feinman
of Duetsche Asset Management, and Jim Awad of Awad Asset Management.
Subprime
Mortgages
NBR's Stephanie
Dhue examines the collapse of the subprime mortgage market and
the impact it had on U.S. stocks form January to June.
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Corporate
Takeovers
NBR's Diane
Eastabrook focuses on the big buyout deals, including the Cerebus
deal for Chrysler, that drove the Street in the first half of 2007.
+ Learn More