Chart of the Day Today's chart illustrates that inflation-adjusted S&P 500 earnings have surged since the latter part of 2002 and and currently rest at a level that is very near the highs of 2000. Investors will continue to pay close attention to the upcoming round of quarterly reports to determine if earnings can maintain their recent uptrend and support a further increase in stock prices. Stay tuned...
Notes: - S&P 500 earnings are 'as reported' trailing 12-month earnings. - For more on earnings and what it means for the stock market subscribe to Barron's recommended Chart of the Day Plus.
Source - Standard & Poor's
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Quote of the Day "There are two requirements for success in Wall Street. One, you have to think correctly; and secondly, you have to think independently." - Ben Graham
Events of the Day
April 01, 2005 - April Fool's Day April 03, 2005 - Daylight Saving Time begins (US) April 04, 2005 - NCAA men's basketball championship - Masters golf tournament begins (ends April 10th) April 05, 2005 - Pulitzer Prizes announced - NCAA women's basketball championship
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