Q2-2009: The Best Quarter For Stocks Since 2003

Stocks just finished their best quarter since 2003! Here are the details:

Dow Industrials

  • Up 838 points this quarter, or 11%, to close at 8447.
  • First up quarter since Q3-2007.
  • Biggest quarterly percentage gain since Q4-2003.
  • Up 29% from the 12-year low hit on March 9th.
  • Down 40% from its all-time high on October 9, 2007.
  • Down 4% for the year-to-date.

Nasdaq Composite

  • Up 306 points this quarter, or 20% to close at 1835.
  • Breaks a losing streak of 3 consecutive quarters.
  • Biggest quarterly percentage gain since Q2-2003.
  • Up 16% for the year-to-date.

S&P 500

  • Up 121 points this quarter, or 15% to close at 919.
  • Breaks a losing streak of 6 consecutive quarters.
  • Biggest quarterly percentage gain since Q4-1998.
  • Up 2% for the year-to-date.

Commodities also rallied during the quarter:

  • Oil closed at $69.89, up nearly 41% for the quarter, and 57% for the year-to-date.
  • Gold closed just above $927, flat for Q2, and up 5% for the year-to-date.
  • Silver closed Q2 up 5%.
  • Copper rose 23% in the quarter, putting it up 62% for the year-to-date.

~Adam

Sources

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