2017 Ends With S&P 500 Total Return Of 21.8%
Published Friday, December 29, 2017 at: 7:00 AM EST
Shares in America's largest publicly-held companies closed 2017 with about a 21.8% total return.Since the financial crisis bear market of 2008, when the Standard & Poor's 500 index lost 36.6%, the stock market has returned a profit for nine straight calendar years.It marked the 32nd time in the 90 calendar-years since the inception of the modern era of Wall Street trading that stocks returned more than 20% in a calendar year. Stock prices broke new record highs month after month in 2017 as the economy repeatedly surprised Wall Street. Citigroup's economic surprise index, which tracks how often and how...
This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation. Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.
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