Quarter End Results: Winners & Losers
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 , S&P 500 and NASDAQ Composite 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, was up 15.2% for Q2 and had its strongest quarter since Q4 of 1998.
The Dow, up 11.0% for Q2, had its best quarter since Q4 of 2003 when it gained 12.71%, while the NASDAQ Composite, up 20.1% for Q2, had 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 the quarter's close.