SPDR S&P 500 (SPY)

[Two-timer]

Gee, isn't it amazing and surprising (not) that the S&P and INDU delivered the same third-quarter results (14.98 percent)? From Ty Durden at ZH. Two
==========================

Correlation algorithms were working overtime in Q3, when both the S&P and the DJIA returned exactly 14.98% each.

As a reminder, here are the 30 companies that make up the DJIA and here are the 500 companies that constitute the S&P.

We will leave the statistical analysis of the probability of identitical returns over a 3 month period for two completely different stock universes to the experts, suffice it to add that in Q3 fundamentals obviously played a major, decisive role in overall market movement.