S&P and DJIA snap multi-year winning streak

FXStreet (Córdoba) – The Dow industrials dropped 178.84 points, or 1%, to close at 17,425.03, 2.2% down on the year, the first yearly loss since 2008. The S&P 500 fell 19.42 points, or 0.9%, to end the year at 2,043.94, posting a 0.7% decline over the year and snapping a 3-year winning streak. The Nasdaq Composite Index lost 58.43 points, or 1.15%, at 5,007.41, was the only one to post a gain in 2015, climbing 5.7%.

All indexes closed Thursday at session lows as they accelerated losses in the final hour of trading.

The Dow industrials dropped 178.84 points, or 1%, to close at 17,425.03, 2.2% down on the year, the first yearly loss since 2008. The S&P 500 fell 19.42 points, or 0.9%, to end the year at 2,043.94, posting a 0.7% decline over the year and snapping a 3-year winning streak. The Nasdaq Composite Index lost 58.43 points, or 1.15%, at 5,007.41, was the only one to post a gain in 2015, climbing 5.7%.

(Market News Provided by FXstreet)