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S&P 500 Reaches a New All-Time High — Index Finally Recovers From the Financial Crisis






NEW YORK, NY — (Marketwire) — 03/29/13 — On the last trading day of the quarter the Standard & Poor-s 500 Index surpassed its record closing high set in October 2007, before the financial crisis hit. The S&P 500 Index has gained nearly 10 percent so far in 2013. Five Star Equities examines the outlook for companies in the S&P 500 Index and provides equity research on Merck & Co., Inc. (NYSE: MRK) and Pfizer Inc. (NYSE: PFE).

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On Thursday the S&P 500 Index surpassed its previous high of 1565.15. Surpassing the S&P 500-s record closing level was a significant milestone for Wall Street as it marked a recovery from the financial crisis, which shed over $10 trillion in value from the world-s biggest benchmark. The S&P 500-s four-year rally has seen it rise over 130 percent from its 12-year low.

“Getting back to where we were is an important step,” said Howard Silverblatt, senior index analyst for S&P Dow Jones Indices. “Markets are volatile, and if you are a long-term investor you should expect declines,” Silverblatt commented in a note to investors.

Five Star Equities releases regular market updates on the S&P 500 Index so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

Merck & Co. currently offers investors an annual dividend of $1.72 a share for a dividend yield of approximately 3.90 percent. The company reported worldwide sales of $47.3 billion for the full year 2012, a year-over-year decrease of 2 percent. Shares of Merck & Co. have gained roughly 8 percent year-to-date.

Pfizer currently offers investors an annual dividend of $0.96 per share for a dividend yield of approximately 3.35 percent. The company reported revenues of $23.1 billion for the full year 2012, a decrease of 14 percent when compared to the full year 2011. Shares of Pfizer have gained roughly 15 percent year-to-date.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:

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