Wall Street slips to a virtually flat finish for a year that largely revolved around events in Europe.
Archive for December, 2011
History suggests the market will rise next year, after a dangerous stretch. No sign yet of a dividend bubble. The “mystery broker” is mystified.
Airline stocks are set to end 2011 in the red as withering demand and soaring jet fuel prices squeezed the industry’s profits. For 2012, the environment is expected to be just as challenging.
Regional stocks: Wall Street ends 2011 flat
The stock market ended a tumultuous year right where it started. In the final tally, despite big climbs and falls, unexpected blows and surprising triumphs, all the hullabaloo proved for naught.
Breaking down the market.
Stocks Fall Fri.; Indexes End Mixed For 2011
STOCKS FLAT: Despite a tumultuous ride, the S&P 500 index closed nearly unchanged for 2011. It ended at 1,257.60 Friday, just 0.04 point below where it started the year.
Stocks closed lower in the final trading day of a heavily volatile year. The Dow finished higher for the year, while the S&P erased its gains to close out largely flat.
Dow Gains 5.5% in 2011; S&P Ends Flat The S&P 500 closed the year down 0.04 point at 1257.60, its smallest annual move since at least 1970. The Dow industrials closed the year up 5.5% at 12217.56.