Stocks Slip on Last Trading Day of 2017

But Standard & Poor's 500 index closes its best year 4 years
By Newser Editors and Wire Services
Posted Dec 29, 2017 3:24 PM CST
In this Friday, June 23, 2017 file photo, trader Michael Milano, right, works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks ended lower on the final trading day of 2017, capping the best year for the Standard & Poor's 500 index in four years, the AP reports. Losses in the technology, financial, and health care sectors outweighed slight gains for consumer products makers Friday. Advanced Micro Devices gave up 2.6%. Trading was light ahead of the New Year's Day holiday. Prices for crude oil and natural gas climbed.

The Standard & Poor's 500 index fell 13 points, or 0.5%, to 2,673. The Dow Jones industrial average fell 11 points, or 0.5%, to 24,719. The Nasdaq composite lost 46 points, or 0.7%, to 6,903. Bond prices rose. The yield on the 10-year Treasury fell to 2.41%.

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