16.6 C
New York
June 1, 2019
U.S. Stocks Suffer Worst Year Since 2008 Financial Crisis
Breaking News

U.S. Stocks Suffer Worst Year Since 2008 Financial Crisis



NEW YORK (AP) — The stock market ended a miserable year on a positive note but still closed out 2018 with its worst showing in a decade.

After setting a series of records through the late summer and early fall, major U.S. indexes fell sharply after early October, leaving them all in the red for the year on Monday.

The S&P 500 ended the year down 6.2 percent, the Dow Jones Industrial Average 5.6 percent.

On Monday, the S&P 500 added 21 points, or 0.8 percent, to 2,506. The gains were led by health care and technology stocks.

The Dow added 265 points, or 1.1 percent, to 23,327. The Nasdaq rose 50 points, or 0.8 percent, to 6,635.

Bond prices rose. The yield on the 10-year Treasury fell to 2.68 percent.





Source HuffPost

Related posts

Barack Obama Issues Battle Cry With First Twitter Post Of 2019

12news

‘Mob Boss’ Warns Trump To Stop Stealing His Act: ‘Stay In Your Lane’

12news

Congress Finally Reauthorizes Juvenile Justice Act After 16 Years

12news

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More