Word: indexes
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Dates: during 1990-1999
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...Jones industrial average fell 19.21 to finish at 5,668.66 after early gains of nearly 41 points. Declining issues narrowly led advancers on the New York Stock Exchange, where volume totaled 401.05 million shares as of 4 p.m. The S&P's index fell 1.20 to 670.96, and the American Stock Exchange's market value index fell 1.91 to 597.57. Meanwhile, the Nasdaq composite index rose 0.72 to end the day at 1,230.76. And in London, gold finished down...
...advancers by a margin of almost 9-to-8 on the New York Stock Exchange on a light volume of 334.42 million shares as of 4 p.m. Westinghouse finished up 7/8 to 195/8 after announcing it may split the into separate industrial and broadcasting concerns. The NYSE's composite index fell 0.44 to 360.17, while the S&P's 500 fell 1.15 to 672.16. The Nasdaq composite index rose 0.28 to 1,230.04. In London, gold finished at $385.65, down...
...highs. Although Vinik's record of a 17.2% average return over nearly four years bested most of his competition, Magellan's 4.3 million shareholders fidgeted as the fund returned just 2.4% on an annualized basis in the first four months of 1996, while the Standard & Poor's index of 500 stocks, the gauge by which mutual-fund managers are measured, returned 6.9%. Worse, at the end of April the tepid showing had caused Magellan's average growth over three years to trail that of the S&P 500 for the first time in Vinik's tenure. "If you lag behind...
...family decision," he explains. Up until now, he says, his extended and successful stay at Fidelity had allowed him to spend "good quality time" with his three children. He claims to look back with satisfaction, having met a personal-performance goal by consistently topping the S&P 500 index. "With 20/20 hindsight," he concedes, "I wish I hadn't bought bonds when I did." Sounds just like the rest of us amateurs...
Sources--GOOD NEWS: National Institute of Allergy and Infectious Diseases; New England Journal of Medicine; American Society of Clinical Oncology BAD NEWS: Journal of the American Medical Association and British Medical Journal; National Cancer Institute; Benadryl Itch Index...