"The major stock indexesmade double-digit gains for the year, led by Apple, Facebook and other technology stocks," per AP Business Writer Alex Veiga.
The takeaway: "By some measures, the market is looking expensive. The S&P 500 is now trading around 18 times forward earnings. That's above the historical average of 16."
"Even so, eight years into the bull market, many analysts expect stocks to keep climbing next year.
The average U.S. smartphone user now gobbles up 31.4 gigabytes of data a month, a 25% increase since last year, according to NPD Group and reported by Twice. That's roughly the equivalent of streaming 31 hours of standard-definition video on Netflix.
Why it's happening: The major U.S. wireless companies now all offer unlimited data plans, allowing consumers to blow through as much data as they want without incurring extra fees or having to seek out Wi-Fi hotspots for bandwidth-heavy downloads. Streaming video accounts for 83% of total data consumed, per NPD.
