Stockmarkets

Posted: March 15, 2013 in economy
Tags: , ,

UK Only Article: 
standard article

Issue: 

The America that works

Main image: 

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After more than five years of financial turmoil, some stockmarkets are back to, or close to, their pre-crisis levels. Stockmarkets rose until mid-to-late 2007, and even into 2008, before the severity of the financial crisis hit them; their troughs were in early 2009. Last week the Dow Jones Industrial Average surpassed its previous peak (though it is still around 7% off once inflation is taken into account). The S&P 500 and Germany’s DAX are expected to reach all-time highs soon. The FTSE 100 is near its 2007 peak, which was only 3% shy of its record high in December 1999. Not all stockmarkets have recovered to this degree. Greece’s Athex composite index is still more than 80% below its peak in October 2007.

Article body images: 

20130316_INC255.jpg

Published: 

20130316

Source: 

The Economist Newspaper

Version: 

via Economic Crisis http://www.economist.com/news/economic-and-financial-indicators/21573571-stockmarkets?fsrc=rss

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