2007 a winning year on Wall Street?

January 3, 2008

Would you be surprised to hear that 2007 was a winning year on Wall Street?  My guess is that most people would be surprised to hear this.  Most people tend to focus on the negative, not the positive.  But in reality…

  • The Dow Jones ended up 6.4%
  • The S&P 500 ended up 3.5%
  • And the Nasdaq ended up 9.8%

These may not be earth-shattering numbers, but after the volatility in the second half of 2007, the fall of the dollar and the rise in oil prices, these are solid returns for ‘07.