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Stock Sept 2014 - Dow Hits High, Fed Signals No Changes"

Stock Sept 2014 - Dow Hits High, Fed Signals No Changes"

Stock Sept 2014 - Dow Hits High, Fed Signals No Changes"

Excerpt


Dow Hits High, Fed Signals No Changes



August was a banner month for the bulls. On August 25, the Standard & Poor’s 500 halted its earlier reversal to hit the 2,000 benchmark for the first time ever. The impact of this feat is perhaps more psychological than anything else, but it does underscore the S&P’s primary upward trajectory. Even bearish analysts were hard pressed to deny that the bigger picture – despite some dips – looks firmly bullish. Landmark achievements like this cause the experts to look at the past and see where we started. The numbers are solid. Since March 2009, the S&P has almost tripled in value, and let’s not forget that the index is up 8 percent for this year.  


 


 



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