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VOL. 40 | NO. 1 | Friday, January 1, 2016
US stocks close lower; S&P 500 goes red for the year
The Associated Press
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.