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By Ars Technic staffAurora, AZ (Reuters) – The fastest growing U.S. stock market in more than two decades has been on a tear in the last year, reaching new heights, according to data released on Thursday by Yahoo Finance.
While the S&P 500’s gains in 2017 have been spectacular, they’re not quite matching those of its early years.
Yahoo Finance reported the stock index reached a record high of 1,973.71 on Thursday, surpassing its all-time high of 2,827.24 set on Nov. 30, 2016.
In the last 12 months, Yahoo Finance said the stock has gained an astonishing 4,826.8 percent.
That’s more than the 3,854.5 percent gains the S.&:P 500 had in its entire history.
The index has outperformed the broader market over the past 12 months by a huge margin, even when accounting for volatility and other factors.
For example, Yahoo’s S&am is up nearly 100 percent over the last three years.
The S&ad, which is more closely correlated to the Dow Jones Industrial Average, is up roughly 300 percent.
The S&s are still on a roll.
Yahoo Finance also reported the S &D of the Nasdaq Composite has soared past 2,000, marking the highest point ever.
It is the first time that the index has surpassed that mark.
Yandex, the Russia-based operator of the country’s biggest search engine, has also seen a remarkable surge in the stock market.
The market for the Moscow-based search engine has grown more than 60 percent in 2017, while its market capitalization is almost $200 billion, or more than $500 billion more than in the year before.
Yorbański is the company’s founder, and has long been the CEO.
His son is the president.
The company has also invested in a number of other big technology companies.
In 2017, it invested in the internet service provider Skype for $100 million.
Yossek’s brother, Alexander, runs the company, and is also the head of the investment fund Blackstone.