What happened to the stocks in 2016?
In the end, all three major indexes notched healthy gains in 2016. The Dow was up 13.4%; the S&P gained 9.5%; and the Nasdaq was up 7.5%. That's not bad considering both the Dow and S&P 500 suffered slight losses in 2015.
How old is the bull market in stocks?
The bull market in U.S. stocks is on track to turn eight years old in March. The S&P 500 has more than tripled since President Obama's 2009 inauguration because of the economic recovery from the Great Recession and extremely low interest rates from the Federal Reserve. But 2016 started scary.
What happened to the Dow in 2016?
A post-election surge, built around Trump's stimulus promises, has carried the Dow almost to 20,000 for the first time. In the end, all three major indexes notched healthy gains in 2016.
What happened to the S&P 500 in 2016?
The S&P 500 has more than tripled since President Obama's 2009 inauguration because of the economic recovery from the Great Recession and extremely low interest rates from the Federal Reserve. But 2016 started scary.
Why did the S&P 500 drop in 2016?
The S&P 500 has more than tripled since President Obama's 2009 inauguration because of the economic recovery from the Great Recession and extremely low interest rates from the Federal Reserve. But 2016 started scary. The Dow dived 1,079 points in the first week because of concerns about China's economic slowdown and plunging oil prices.
How many points did the Dow close in 2016?
Those who held on were rewarded handsomely: The resilient Dow closed 2016 more than 4,300 points above its January low of 15,451. A post-election surge, built around Trump's stimulus promises, has carried the Dow almost to 20,000 for the first time.
What was the Dow's worst five day start to a year on record?
The 6% selloff was the Dow's worst five-day start to a year on record. The panic ended. By mid-March, the Dow was up for the year, and the bull market was back on track. Then the political shocks came. First there was the unexpected decision by British voters to leave the European Union.
How did Brexit affect the Dow?
Brexit caused the British pound to crash and sent the Dow spiraling down 611 points in a single day. U.S. stocks stabilized and coasted toward the November election. Dow futures plunged more than 900 points on election night as it became clear Clinton would lose unexpectedly.
Will the bulls die in 2016?
Yes, there's a flurry of threats that could bring about the bull's demise in 2016 -- U.S. stocks aren't cheap, China's economy continues to stumble and the Federal Reserve is removing the easy-money punchbowl that kept the good times rolling on Wall Street.
Do stock market pros advise to move assets to cash?
Despite these worries, there are pockets of the stock market that do look attractive to observers. That's why most market pros aren't advising clients to move assets to cash. In fact, many are telling investors to be ready to buy on the dips. And with the expected volatility, there may be quite a few of those next year.
