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ABOUT BY THE NUMBERS
Our market specialists dig deep into Wall Street’s daily metrics, crunching the numbers to help you become smarter about the market so that you can make better investment decisions. By The Numbers details the daily drama, the winners and losers, how the day stacks up historically, and how the numbers can offer a glimpse of the future.
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Happy Anniversary Credit Crunch!
By: Ariel Nelson
Director of Market Data & Content Services
Director of Market Data & Content Services
By: Marc Briganti
Market Data Analyst
Market Data Analyst
It's hard to believe that its about a year since the credit crunch began and we heard Cramer's rant about the Fed. Since the end of July 2007, the Dow is down 13%, the Euro is up against the dollar by 14%, and oil is up over 60%. Here's a look at who the biggest winners and losers are and how things have changed since then.
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It's not surprising that the best performers in the S&P 500 were companies heavily involved with commodities. Massey Energy leads the pack up over 200%. Financials are the worst performers with MBIA taking the title of Biggest Loser (of those that survived -- let's not forget JP Morgan's baragin basement price for Bear Stearns)
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