S&P 500 Snapshot: A Happy End to the 2012 Roller Coaster Ride

From dshort.com - Advisor Perspectives
December 31, 2013 - 5:19pm

Dec 31, 2012 Doug Short  Despite the lack of a vote on the Fiscal Cliff issues, the constant stream of breaking news, comments from congressional sources and assorted tweets kept the markets in an upward trend on this last day of 2012. The S&P 500 closed the day with a gain of 1.69% to finish the year up 13.41%, the best performance in three years. Here is a look at today's action -- a fairly subdued performance until the noon hour followed by a steady acceleration as the Cliff optimism increased.More...

Share this article »  

Continue reading this article »