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S&P 500 Decline Similar to DJIA

9 October 2008
Author: Harvey Posted under Investing, Market Close, The Markets

The S&P 500 set similar closing and intrady highs as the DJIA did. One year ago today the S&p 500 had an all-time closing high of 1,565.15 and went on to an all-time high of 1,576.09 on 10/11/2007. Today (10/8/08) the S&P 500 index closed at 909.92. It is now down -41.86% in the last 12 months. What does this mean. There was nowhere to hide in US indices.


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