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The S&P 500 Is a Mutual Fund -- and a Bad One at That
By
Jon Markman
06/27/02 - 02:30 PM EDT
Far from being a passive index, the S&P 500 is a poorly managed fund with a recent track record to prove it.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,567.94 | 1,144.71 | 2,357.36 | 37.25 |
Oil *
80.29
|
|
UP
0.61
|
DOWN
0.90
|
DOWN
1.59
|
UP
0.05
|
10 Yr
3.72%
SPDR Gold
108.49
|
|
+0.01%
|
-0.08%
|
-0.07%
|
+0.13%
|
Data delayed 20 minutes |
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