Monday, October 3, 2016

Third Quarter Scorecard

The third quarter, which concluded on Friday, was a big one for the stock markets. The S&P 500 ended the third quarter up by 3.3 percent, making the index up by 6.1 percent so far in 2016 overall.

The Dow Jones industrial average also had a solid quarter, though it's still trailing the S&P. It rose 2.1 percent on the quarter, and is now up by 5.1 percent on the year.

But the real excitement was in the Nasdaq. The tech-heavy index was up 9.7 percent in the third quarter, its best quarterly performance since 2013. Because of losses earlier in the year, though, the Nasdaq is up by just 6.1 percent in 2016 overall.

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