Stock Funds Rocket Out Of The Ditch (Investor’s Business Daily)
Investor’s Business Daily – Stock mutual funds pulled a Lazarus in 2009. After falling into a deep hole, they leapt and rejoined the land of the living.
Archive for December, 2009
Wall St closes out ’09 with best gains since 2003 (Reuters)
Reuters – U.S. stocks ended 2009 on Thursday with their best gains since 2003, driven by optimism about the economy’s recovery and a brighter outlook for profits.
Stocks fall sharply as investors close out 2009 (AP)
AP – The stock market closed out a remarkable 2009 with a loss as investors bet the improving economy will lead the government to pull back on its stimulus measures. But stocks still managed their best year since 2003 as they recovered from the financial crisis and recession.
New year, old worries for U.S. stocks (Reuters)
Reuters – U.S. stocks closed out 2009 with the best performance in six years, but monthly employment figures in the first week of the new year will keep investors focused on what is likely to be 2010′s reality — the economy’s struggle to recover.
Few called market turn, fewer predict it will last (AP)
AP – Few analysts forecast this year’s remarkable stock market rebound as major indexes were plunging to 12-year lows last March. Now, with most experts predicting the pace of stocks’ gains will slow in 2010, there’s reason to believe they will be proven correct.
