Second Quarter Wrap with Sam Stovall
Tuesday, June 30, 2009Investors saw the silver lining in the continuing recession in the 2nd quarter of 2009, pushing the stock market higher. But, what does the positive quarter mean for the rest of the year? NBR's Paul Kangas asked Sam Stovall, Chief Investment Strategist at Standard & Poor's, to review the quarter that was and to look ahead. You can watch the interview and explore some of Sam's numbers here. (You need Flash installed to watch.)
Major Index Performance
Second Quarter Averages Q2 2009 |
|
| DJIA | 11.0% |
| S&P 500 | 15.2% |
| NASDAQ 100 | 19.4% |
Retesting Initial Bull Market Rallies
This chart from Sam Stovall shows that every rally off of a market correction since 1932 has brought an average gain of 36% in the S&P.
