In this Friday, Jan. 25, 2013, photo, Specialist Douglas Johnson, left, and trader Timothy Nick work on the floor of the New York Stock Exchange. Some rare good economic news from Europe pushed world stock markets higher on Friday Feb. 1, 2013 as investors awaited a key U.S. employment report that is expected to show steady, if unremarkable, job growth. (AP Photo/Richard Drew)
News Summary: Dow recovery old news for some funds
Published: 11:04:04 PM, Thu 07 March 2013 UTC
MARKET COMEBACK: The Dow Jones industrial average this week climbed to a record level, surpassing the previous high reached nearly five and a half years ago.
TOP FUNDS RECORDS: Some stock mutual funds recovered to their October 2007 levels in just a couple years, thanks to strong performance during the financial crisis and its aftermath.
SOMETHING IN COMMON: One thing stands out among these top funds: Nearly all limited their losses in 2008. Twenty of the top 30 large-cap funds posted losses of less than 30 percent that year, compared with the market's 38 percent plunge.
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