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US Stocks Close Out Their Best Year Since 2013

S&P 500 index gains 28.9% for the year
By Newser Editors and Wire Services
Posted Dec 31, 2019 3:16 PM CST
US Stocks Close Out Their Best Year Since 2013
Stock traders wear New Year's 2020 party glasses at the New York Stock Exchange, Tuesday, Dec. 31, 2019.   (AP Photo/Mark Lennihan)

(Newser) – Stocks are closing out their best year since 2013 led by huge gains in technology stocks, the AP reports. The benchmark S&P 500 index soared 28.9% for the year. Major indexes ended slightly higher Tuesday after spending most of the day wavering between small gains and losses. Technology and health care stocks led the gainers. The S&P 500 rose 9 points, or 0.3%, to 3,230. The Dow Jones Industrial Average added 76 points, or 9.3%, to 28,538. The Nasdaq rose 26 points, or 0.3%, to 8,972. Bond prices fell, sending yields higher. The yield on the 10-year Treasury note rose to 1.92%. (Read more stock market stories.)

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