After a year of going to class behind a camera wearing nice shirts with sweatpants, children across America are finally beginning to go back to school, for real.
Does crime pay?
Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day in 1982, the great bull market of the 1980s began.
Where The Market Was: The Dow Jones Industrial Average closed at 869.29 and the S&P 500 traded at 113.02.
Foot Locker, Inc. (NYSE: FL) always reminds me of simpler times, such as scouring the local mall for the hottest pair of new sneakers while eating a jumbo pretzel from the food court.
Surprisingly, the company’s stock has been on a tear, trading up more than 90% in the last year.
Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500's (NYSE: SPY) total return over the last 12 months is 34.6%. But there is no question some big-name stocks performed better than others along the way.
Advances in market structure and technology made it possible for investors to interact with financial markets in ways dreamt of decades ago.
At the same time, disparities in social and economic justice, amongst different classes and demographics, worsened given dynamics like the COVID-19 coronavirus pandemic.
Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 34.3%. But there is no question some big-name stocks performed better than others along the way.