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Best Q2 opening since 1938; 8.11% from 3/17

Posted by: Howard Silverblatt on April 1, 2008

Best Q2 opening since 1938, the same year as the volatility reference
Another 1% move - YTD that’s 14 up at least 1% and 18 down at least 1%
The index is up 8.11% from the 3/17 close, with Financials up 4.6%, but still off 25% from their 10/9 high
Is it real or just April fools day?
I don’t think anyone knows yet, but Friday’s employment numbers will be key.

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Bloomberg Businessweek’s Ben Steverman focuses on the latest moves in financial markets and emerging trends in stocks, bonds, and funds, always with an eye toward giving readers a better understanding of the sometimes confusing and often chaotic world of money. Standard & Poor’s senior index analyst Howard Silverblatt will also provide his take on companies’ finances and the markets. Voted one of the “Top 100 Finance Blogs” in 2007.

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