The Dow, S&P, NASDAQ are All Down in February in Contrast to the White Hot Commodities
Market performance for the leap year month of February, 2008 was negative for the Dow, S&P, and NASDAQ, in stark contrast to the white hot commodities. In February alone, Palladium is up almost 45%, Platinum is up almost 26%, and soy oil is up close to 27%.
US indexes had a rough session on Friday, all down greater than 2.5%. The Dow lost over 300 points, for the 24th time since the Dow's inception in 1896. The last time the Dow lost greater than 300 points was on February 5, 2008.
Note: Gold and Oil reflect the closing price of the pit session.
S&P Sectors: Are all negative for 2008, but the S&P Energy and S&P Materials sectors are positive for the month of February.