The big news yesterday was that the stock market hit a new low in this downturn. How low? Well, the S&P 500 hasn’t been this low since October 10, 1996…more than 12 years ago!
Here’s the positive news. While the stock market is esentially at the same level it was 12 years ago, there are still some individual stocks that are up in price since that time. Here is a chart that reviews the 100 biggest stocks in the S&P on October 10, 1996. Of those 100 stocks, 36 are up, 43 are down, and the rest were either acquired or went bankrupt.