Stocks celebrate anniversary of 2009 bottom by opening lower
Today is the one-year anniversary of the 2009 stock market bottom and, to celebrate, stocks have opened lower.
In the first 15 minutes of trading, the Dow and the the tech-heavy Nasdaq are just below water.
The broader S&P 500 is down more than one-tenth of 1 percent.
On March 9, 2009, stocks hit their most recent bottom and began their pretty impressive climb back up, restoring some of what was lost from your investments and retirement accounts since the market peak in October 2007. But they're not all the way back and it will be a while before you're back to even. I'll talk more about that later today.
Follow me on Twitter at @theticker
By
Frank Ahrens
|
March 9, 2010; 9:48 AM ET
Categories:
The Ticker
,
Wall Street
| Tags: Dow Jones, nasdaq, s&p 500
Save & Share:
Previous: Toyota launches massive engineering, PR counterattack on runaway acceleration
Next: Toyota's bad luck continues with runaway Prius in California
Posted by: tossnokia | March 9, 2010 6:07 PM | Report abuse
The comments to this entry are closed.
Ain't i rough enough? I'm 4 5 0 and a bust is still a bust. It's tough out there.