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.
Archive for December 30th, 2011
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.
The equity markets and broad stock exchange traded funds (ETFs) ended December and the year, mixed. The Dow Jones industrial average was up 1.4% for the month and up 5.5% for the year. The S&P 500 gain …
Even though the benchmark S&P 500 stock index has ended 2011 unchanged, that flat performance is enough to beat shares of Warren Buffett’s Berkshire Hathaway.