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2013 Stocks Book Banner Close, Rally to All-Time Highs

August 30, 2023
in Trade Tube
Reading Time: 1 min read
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The S&P 500 and Dow Jones Industrial Average book record closing highs on the final day of 2013, and the S&P 500 jumps 30% for the year. It was the strongest year in stocks since 1997, despite the Federal Reserve’s decision to scale back its economic stimulus program in December. Fenimore Asset Management Research Analyst Drew Wilson tells TheStreet’s Joe Deaux the U.S. economy in 2013 healed from the bruising 2008 financial crisis and he remains optimistic the economy will climb higher in 2014.

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