Market and economy continue in uptrend
For the first quarter of 2012, markets showed strong growth. The S&P returned 12.6% for the quarter, 8.5% from the same time a year ago. The Dow was up 8.1% for the quarter, 7.2% from a year ago, and the NASDAQ up 18.7%, 11.2% from a year earlier. Volumes however, were light, not what an investor would want to see. NYSE volume was the lowest since 4Q 2007, and down 14.5% from a year ago as investors remained cautious.