Stock market ends worst year in a decade
Traders work on the floor of the New York Stock Exchange on Monday. Photo: Spencer Platt/Getty Images
The stock market made some gains Monday, but still ended the year with its worst performance since the 2008 financial crisis, AP reports. The S&P 500 was down 6.2% at the end of the year, and the Dow Jones Industrial Average was down 5.6%.
Between the lines, per Axios' Courtenay Brown: The crisis-era comparison sounds scary, but this is a very different market than it was in 2008, when the S&P fell 35%. The Dow and the S&P 500 also had the worst year since 2008 back in 2015. Look how well the stock market has done since then.