12.31.2008

Wall Street's Worst Year is Finally Over


After the worst year since the Great Depression, the Stock Market has closed for the final time in 2008. Regardless of the gains today, The Dow lost all the gains made in the last 6 years, making this its worst year since the 30s. The tech-heavy Nasdaq had it's worst year since its inception in 1971 and the S&P had it's worst year since its inception in 1941. The only stocks listed on the Dow that made gains are Wal-Mart and McDonalds. The Dow ended up 108, Nasdaq up 26, and S&P up 12. Hope 2009 is better than this. Happy New Year. [Marketwatch]

No comments:

Post a Comment