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Financial News Review (2005 forth quarter)
Even though the technology indexes and the S&P 500 closed the year in the green, 2005 likely brought a fair share of frustration to many investors. The gains on the benchmark S&P 500 index were quite meager at only 3%, and this performance is even more disappointing when seen in the context of record earnings, increases in dividends, and numerous stock buybacks. The Dow approached the psychologically important 11,000 point level twice this year (in March as well as in November), but the index failed at these levels and closed the year with a small loss. © HGH Associated Press News Archive (from 9/30/2005 until 12/31/2005) |
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