7 May 2010: All Major Stock Market Indexes are Down for the Year.



At the market close on 7 May, all major stock market indexes were down for the year.

  • Dow Jones Industrial Average: -.46%.
  • S&P500: -.38%
  • NASDAQ: -.15%

 
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Answer by  Cubberley (69)

Amazing: the DJIA hit 11,200 on 26 April, and here we are a couple weeks later down for the year! Things are changing very fast.

Reply by Malinovsky (71):
even more amazing... the dow is DOWN about 1.87% over 10 years. so much for buy-and-hold investing.  add a comment
 
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Answer by  Kinetic (47)

When you consider how different these indexes are, it is pretty surprising how much they are moving in tandem. There was some divergence during the year between them, but now they are all basically back where they started.

 
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Answer by  udaipur (219)

It seems like just a few days ago, the market would rise no matter what happened, and now it feels like the bottom is dropping out.

 
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