Tower Private Advisors
Capital Markets Recap
March 20, 2009
- The long-awaited multimedia festival
- Subdued domestic markets; exuberant foreign bourses
- Irritated hypocrites
- No legalese
This week, the Dow 30 rose by 54.40 points, or 0.75%, to 7,278.38. The S & P 500 (SPX) rose by 11.99 points, or 1.58%, to close at 768.54. The NASDAQ Composite rose by 25.77 points, or 1.80%, to 1,457.27. The S & P Mid-cap index rose by 7.67 points, or 1.68%, to close at 464.38. The Russell 2000 small-cap index rose by 7.02 points, or 1.79%, to close at 400.11. Finally, the Morgan Stanley EAFE (Europe Australasia & Far East) index made up for last week’s lagging and rose by 86.92 points, or 8.86%, to close at 1,067.56.