record set back in 2007 just before the recession. so we have regained that number. people benefiting from this rally in the stock market, despite the recent pullback, the s&p 500 is still up about 14% this year. also helping, rising home values. but you re saying, hey, how can it possibly be we are as good as we were in 2007? factoring in inflation and population growth, net worth is still below pre-recession levels. negative ads are returning to tv, sort of. rg plans to launch their vuse next month complete with commercials and print ads. the cigarette commercials were banned in 1970. so far it does not apply to electronic cigarettes. interesting. kind of a different product even, you know. interesting. 26 minutes after the hour. coming up, i have to tell you this is scary. a little girl takes a field trip to a farm and falls down a well. we ll tell you what it took rescuers to set her free.
aarrggh! the stock market continues its bull run, but does that mean the economy is set to soar? this week the s&p 500 was trading above its all-time closing record set back in 2007. this matters to you because you probably have 401(k) funds that mimic the index. it s up 10% in just the first three months of the euro. some are lucky to get 10% in an entire year. those who stayed invested from some time when the market bottomed out would have a gain of 130% in four years. on top of that, the dow just wrapped up its best first quarter since 1998. i can tell from my tweets that many of you still aren t buying it. that s in part because of a disconnect that some of you think exists between this bull market and the broader economy.
the stock market continueses i bull run, but does that mean the economy is set so soar? this week the s&p 500 was closing above its record set back in 2007. this matters to you because you probably have 401(k)s and funds that mimic the index. it s up 10% in just the first three months of the euro. some are lucky to get 10% in an entire year. those who stayed invested from tom som time when the market bottomed out would have a gain of 130% in four years. on top of that, the dow just wrapped up its best first quarter since 19 98. many of you still aren t buying it. that s because of a disconnect that some of you think exists between this bull market and the broader economy. despite 36 months of private sector job growth and a stock market that s more than doubled,
minutes away from the opening bell this morning after a big record setting day for the dow yesterday. closed at an all-time high of 14,254. that took out the record set back in october of 2007. what a weird ride this has been for the market over the past several years especially when you think what is going on in the u.s. economy during that time. it is now up more than 117% from its 12-year low that was set in march of 2009 and for this year-to-date, january, february, march we re in now, it is up 8.77%. that s a very nice roll for the beginning of 2013 so far. where is it headed from here? stuart varney, anchor of varney & company on the fox business network. stuart, you think there s a little bit more upward movement here? you see this smile, martha? yes, there is. 23 minutes from now, at least at the opening bell the dow jones industrial average will, in all likelihood, almost certainly go up another 50, maybe 60 points. that would put it above
that s what happens when you let a geek in a cubicle name a snowstorm. let me show you the storm this morning. interstate 81 through virginia, wrest virginia, northern maryland is difficult to travel on. none on the ground yet in washington, d.c. and baltimore, but the worst of it will be as we go throughout the late morning and early this afternoon. along the coastal areas just dealing with rain for maryland, new jersey and new york city. i ll pinpoint snow totals for you and travel impacts later in the show. even though many americans are still feeling the impact of the 2008 financial crisis, wall street is feeling no such pain. yesterday the dow finished at an all-time high, breaking the record set back in october of 2007. this year alone the dow is up 8.8%. for more on the bull market and whether it s here to stay or