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Dow, S&P, Nasdaq Soared 15% in Q3

There is concern going forward but the third quarter was very bullish for stocks. The Dow, S&P 500 and Nasdaq each gained over 15% in the third quarter alone. Reuters says the Dow's performance was the best for a quarter since Q4 of 1998.
For the third quarter, the Dow rose 15 percent, the S&P 500 gained 15 percent and the Nasdaq climbed 15.7 percent. The Dow's performance marked its biggest quarterly gain since the fourth quarter of 1998.
Time will tell if the gains hold. Over the next two quarters people will expect to see stronger signs of a recover. Without them stocks could retreat.

Posted on September 30, 2009
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