It has been amazing to watch U.S. stocks turn around this year, following a miserable fourth quarter, in line with to the Federal Reserve‘s change from monetary tightening back to the dovish tone and policy investors have grown so used to since 2008. But the highest (and lowest) fliers in the market have their own narratives driving superlative performance.

The Dow Jones Industrial Average DJIA, +0.43%  has returned 16.1% this year (with dividends reinvested) through July 11, following an 11.8% decline during the fourth quarter, according to data provided by FactSet. The S&P 1500 Composite Index (made up of the S&P 500 SPX, +0.13% the S&P 400 Mid Cap Index MID, +0.58%  and the S&P Small Cap 600 Index SML, +0.52% ) has returned 20.5%

Read More At Article Source | Article Attribution