The first half of the year saw its share of record highs for both the Dow and S&P 500 but also the return of market volatility, with a February mini-correction that surprised many, anxiety over subprime lending and interest rates and a healthy dose of M&A.
February's stumble was short-lived and it wasn't long before the Dow was breaking 13,000 for the first time in history and the S&P 500 reclaiming the 1500-level for the first time in more than six years. The first-half run ended about a month ago when both indices peaked on June 4 with the blue-chip index just 324 points shy of 14,000.
The Dow Jones Industrial Average shaved 13 points Friday, while the S&P 500 and the Nasdaq Composite moved lower. For the week, the Dow rose 0.4%, the S&P 500 ended flat while the Nasdaq rose 0.6%. The S&P ended the second quarter with a gain of 5.8% while the Nasdaq posted a three-month gain of 7.5%.
What does the second half have in store of investors? We asked some top market watchers and strategists to share their insights and predictions. Here is a sampling of CNBC's coverage.