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Omaha Steve

(99,073 posts)
Fri Oct 23, 2015, 07:05 PM Oct 2015

Phew: US stocks return to black after summer swoon

Source: AP-Excite

By MARLEY JAY

NEW YORK (AP) — Maybe you shouldn't have put your money under a mattress after all.

The stock market is back in the black for the year after a bruising late-August tumble that had investors worrying about their money in a way they hadn't in four years.

A three-week surge in stocks has now lifted the Standard & Poor's 500 index above where it was at the beginning of 2015 for the first time since the summer.

The S&P 500 fell 12 percent from its mid-July high to its depths in late August, as investors worried that slowing growth in China, along with continued economic weakness in Europe and Japan, would crush any hopes of stronger global growth.

FULL story at link

Read more: http://apnews.excite.com/article/20151023/us-stock-market-back-to-black-32b7a456fb.html

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Phew: US stocks return to black after summer swoon (Original Post) Omaha Steve Oct 2015 OP
Interestingly enough Jesus Malverde Oct 2015 #1
Phew? Whatever. Mostly fiction either way. JackRiddler Oct 2015 #2
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