Wednesday, September 11, 2013

August "correction"

After closing at an all-time high of 1710 on August 2nd, the S&P 500 index fell to 1630 on the 27th (a 4.7% drop) and has risen back above 1680 since then.  I don't think of a decline as an official correction until it reaches at least 5%, so the August drop doesn't quite count.

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