S&P500 Up 2.19%

August 29’s close almost mirrors the previous day’s 2.35% drop.

It’s not often that the index scores a daily gain greater than 2 percent.

It’s happened only 67 times since January 2000. Indeed only twice this year, both this month, twice last year, none in 2005 nor in 2004. There were 12 in 2002, 8 in 2001 and 11 in 2000.

 

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