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Woodshedder
Joined Nov 11, 2007
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S&P 500 Beating Gold Most Since 1999 on Positive Earnings

Woodshedder Tue Apr 3, 2012 9:54pm EST Comments Off on S&P 500 Beating Gold Most Since 1999 on Positive Earnings

By Srinivasan Sivabalan and Whitney Kisling – Apr 2, 2012 5:53 PM ET

The best first-quarter gain for the Standard & Poor’s 500 Index since 1998 sent U.S. stocks above gold by the most in more than a decade, a sign of growing investor confidence in corporate profits as analysts raise earnings estimates for the first time this year.

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