Stocks End a Strong Year

Though the last day of trading for the year closes on a soft note
By Newser Editors and Wire Services
Posted Dec 30, 2016 3:11 PM CST

(Newser) – US stocks are closing out a solid year following a flat 2015, the AP reports. Indexes ended the last week of 2016 on a soft note, slipping in quiet trading Friday ahead of the New Year's Day weekend. For the year, the Standard & Poor's 500 index climbed 9.5%, its fourth year of gains in the last five. Technology stocks led a broad decline on the last day of trading of the year. Chipmaker Nvidia slumped 4.2%, the biggest loss in the S&P 500. It's still the biggest gainer for the year overall, having tripled in value. The Dow Jones industrial average lost 57 points, or 0.3%, to 19,762. The S&P 500 fell 10 points, or 0.5%, to 2,238. The Nasdaq declined 48 points, or 0.9%, to 5,383. (Read more Dow Jones stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.