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2013 Stock Rally Defied Global Fears and Fed Stimulus
The 2013 stock market rallied despite a government shutdown, fears of default, Syria tensions, and European bailouts. The S&P 500 rose 29.4 percent and the Dow 26.3 percent as Fed bond purchases supported equities, with profits rising and a record-setting earnings outlook for S&P 500 firms.
MENTIONED IN THIS ARTICLE
New York
Syria
Dean Junkans
Wells Fargo Private Bank
Fed
U.S
S&p 500
S&p Capital IQ
Paul Atkinson
Aberdeen Asset Management
Ings
Dealogic
Renaissance Capital
Hilton Worldwide
Twitter
Cutler
Washington
Standard & Poor’s