(CNBC) U.S. stocks posted gains of 5 percent or more in February, despite closing modestly lower on the last trading day of the month on Friday amid lackluster data and oil gains.
"February was nothing short of spectacular," said Art Hogan, chief market strategist at Wunderlich Securities. He noted how stocks shook off poor performance in January, Greece concerns and mixed earnings.
"Up 7 percent (in February), the Nasdaq was really phenomenal in and of itself," he said.
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