8 Years Ago, A Low — And A Turning Point — For The S&P

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The U.S. economy added 235,000 jobs in February, and unemployment fell slightly, to 4.7 percent, in the first full month under President Trump. It’s another strong sign for the economy, which eight years ago this week hit a turning point.

On March 6, 2009, the Standard & Poor’s 500 index hit its lowest point since 1996 — 666.79 points. It was a low point in the financial crisis. Since then, the S&P has climbed to above 2,300 points.

Here & Now‘s Jeremy Hobson speaks with MSNBC’s Ali Velshi (@AliVelshi) about what was happening in March 2009, and how far markets have come since.

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