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%.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
