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On the final day of the quarter, all three major US indices are poised for their strongest performance since the second quarter of 2003, when the Dow [.DJIA
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], S&P 500 [.SPX
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] and NASDAQ Composite [COMP
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] were up 12% or higher for the quarter.
Reinforcing the view that the worst of the credit crisis might be over, the S&P 500 index, an equity benchmark accounting for over 70% of the total market cap of all the stocks traded in the US, is up ~15% QTD and on pace for its strongest quarter since Q4 of 1998.
Based on this morning's levels, the Dow, up ~11% QTD, is on track for its best quarter since Q4 of 2003 when it gained 12.71%, while the NASDAQ Composite, up ~20% QTD, is on track for its strongest quarter since Q2 of 2003 when it gained 20.99%.
Here is a look at some of the best and worst performers for the quarter and YTD, as of yesterday's close.
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- Remember when auto shows were major events where new models could generate buzz?
- CNBC’s Mike Huckman visits a cutting-edge plant to see how the flu vaccine of the future is being made.
- People who bottle up their anger at work are up to five times more likely to suffer a heart attack, a study found.
- Playboy will outsource its publishing operations in a bid to become profitable again.
- A new McDonald's in Manhattan is the nation's first to sport a sleek, chic interior imported from stores in London and Paris.
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
Data is a real-time snapshot *Data is delayed at least 15 minutes