US stocks edge lower; S&P 500 goes red for the year

Dec 31, 2015 7:11 PM by News Staff

Stocks are closing out 2015 on a downbeat note.

Major U.S. indexes declined on Thursday, the last day of the year, putting a main market benchmark slightly in the red for 2015.

The Standard & Poor's 500 index ended the year down about three-quarters of a percent. With dividends included the index was up slightly for the year.

It was the worst return for the index since 2008.

A the closing bell the Dow Jones industrial average was down 178 points, or 1 percent, at 17,425.

The S&P 500 gave up 19 points, or 1 percent, to close at 2,043. The Nasdaq composite declined 58 points, or 1.2 percent, to 5,007.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.27 percent.

Copyright 2015 The Associated Press. All rights reserved.


Most Popular