Carnegie Market Blog

 

Happy Anniversary Stock Market

Posted by Brent Luce on May 20, 2016 4:46:44 PM

Happy Anniversary!

Today marks a one-year anniversary for the market.  One year ago today, the S&P 500 hit its all-time high.  As I just typed “Happy Anniversary!”, I am reminded that today is my 16th wedding anniversary too.  What a coincidence!  Anyhow, looking at the table below, you will see that while the S&P 500 is slightly down in the year since its peak, sector performance is quite dispersed, and the Russell 2000 – an index of smaller capitalization stocks – is down considerably.  So, investors’ returns over the past year have been much more about which parts of the market they were invested in rather than just being invested in the market.  MORE: An Unhappy Anniversary for the Market

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Topics: Recession, Oil Prices, Market Peak, Capacity Utilization

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