A strong February wipes out S&P 500’s January loss


After two months, the market is back where it started. But February’s rise must be taken in the context that investors made up for the ground they lost in January. Utilities and health care stocks — two traditional ‘‘safe’’ places for investors — are the biggest gainers so far this year. February’s rise came in spite of several reports that showed the economy slowed in January. Investors blamed the weather, and rightly so. Many companies, particularly retailers, said winter storms of the past two months dramatically affected their business. But spring will come and investors believe all that pent-up demand will help the economy recover lost ground.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of