Shesa's MARCH 2015 INVESTMENT BLOG
15 March 2015 March 2015 Investment Blog Shesa Nayak U.S. Stock Market Commentary Hello and Welcome to my March investment blog. The DOW Jones closed last Friday at 17,749.31 , S&P 500 closed at 2053.40 and NASDAQ closed at 4,871.76 points . After 15 long years, NASDAQ composite went past 5,000 points on March 2 nd . Last time, it was in the year 2000 when NASDAQ went past this level. However, it’s yet to close with the all-time high of 5,048.62. Please note that the intra-day high was 5,132.52 on 10 th March 2000. However, it looks like it is within the striking distance of its all-time high (non-inflation adjusted). However, the Dow and S&P 500 are now negative for the year. Plunging oil prices and dollar making new 12 years high are the big reasons behind the stock market slump. NASDAQ hits 5000, what next? Stock market has become more volatile. Obviously, when market m...