Shaken Investors Fled Stocks In 2008. Return Slowly, Advisers Say
It may be hard to believe, but the stock market has actually staged a decent recovery from its low of just over a month ago. On Nov. 20, the Dow Jones Industrials closed at 7552 while the S&P 500 ended the day at 752. By the end of 2008, the Dow and the S&P 500 had advanced some 16 and 20 percent, respectively.
As nice as those gains are, they have done little to make up for the massive losses investors have faced since the Dow peaked at more than 14000 in October 2007. Now, many of those... Full Story
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