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Thursday, April 18, 2024
HomeNewsEconomyDow, S&P Markets Close Out 2015 as Worst Year Since 2008

Dow, S&P Markets Close Out 2015 as Worst Year Since 2008


Traders on the New York Stock Exchange (NYSE) with Barclays, etc. (Photo: Reuters)

The major market averages closed the books on 2015 on Thursday as one that is ending the worst year in seven years, since Obama took office and the Federal Reserve kept interest rates a near-zero.

The Dow Jones Industrial Average ended the year down 2.3% to close at 17425. The S&P 500 ended 2015 down 0.72% at 2043, while the tech-heavy Nasdaq Composite closed the year up 5.7% to 5007. The energy sector was the biggest loser of the 10 S&P 500 sectors, shedding more than 23% over the last year.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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