Monday, October 02, 2006

September Results

Selected Market Index results for the month of September, 2006. (Results do not include dividends.)

Dow Jones Industrials 2.57%
S&P 500 2.25%
NASDAQ Composite 3.421%
Russell 2000 0.29%

September defied all its market nay-sayers as lower energy costs and a benign interest rate environment topped normal seasonal weakness in stocks. Stocks basically gained momentum all month and finished with nice gains across the board. Note however that indices that are dominated by larger cap stocks strongly outperformed smaller sized issues.

Source: Price data derived from information collected by Q-Charts & or Worden Brothers. Lumen Capital Management, LLC reports this information as a courtesy and is therefore not responsible for the accuracy of this content.