on Saturday, with the S&P 500 tripling in value and amply rewarding investors who have owned funds tracking the index for that period.The S&P 500's post-crisis low close was 676.53 points on March 9, 2009. During the previous session on March 6, it touched an intraday low of 666.79, which came to be know as the"devil's low."Extraordinary efforts by the U.S.
At the other extreme, telecommunications company CenturyLink has slumped almost 50 percent since the start of the bull run, more than any other stock still in the S&P 500. The S&P 500 has turned in a handsome annualized return of 15 percent during the bull market, with the consumer discretionary and information technology indexes each up about 20 percent annually.
But timing is everything. An investor who bought the S&P 500 a year before the bull market began would have had to weather steep losses, trimming the S&P 500's annualized return since then to 7 percent and narrowing the consumer discretionary and information technology sectors' annualized gains to 12 percent.With analysts slashing estimates for U.S. banks and other multinationals, the S&P 500 traded at a low-point of 10.
After dropping 19.8 percent from its record high close on Sept. 20 through Dec. 24, the S&P 500 has slowly recovered and is now just 7 percent short of regaining that high.GRAPHIC-Best and worst stocks over the 10-year bull run: https://tmsnrt.rs/2UmZD3G
10 years cycle
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »