Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year.
The S&P 500 slipped 0.4% Tuesday, but still managed to rack up a gain of 23.3% for the year, its second straight year with gains of more than 20%. The last time it had back-to-back yearly gains that big was 1998.
The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite lost 0.9%.
Big Tech stocks led this year’s rally, pushing the Nasdaq composite to a yearly gain of 28.6%. The Dow, which is far less weighted with tech, rose 12.9% for the year.
On Tuesday:
The S&P 500 fell 25.31 points, or 0.4%, to 5,881.63.
The Dow Jones Industrial Average fell 29.51 points, or 0.1%, to 42,544.22.
The Nasdaq composite fell 175.99 points, or 0.9%, to 19,310.79.
The Russell 2000 index of smaller companies rose 2.38 points, or 0.1%, to 2,230.16.
For the week:
The S&P 500 is down 89.21 points, or 1.5%.
The Dow is down 447.99 points, or 1%.
The Nasdaq is down 411.24 points, or 2.1%.
The Russell 2000 is down 14.43 points, or 0.6%.
For the year:
The S&P 500 is up 1,111.80 points, or 23.3%.
The Dow is up 4,854.68, or 12.9%.
The Nasdaq is up 4,299.44 points, or 28.6%.
The Russell 2000 is up 203.08 points, or 10%.
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