The market provided a merciful end to an abysmal year -- the worst since the Great Depression, wiping out $6.9 trillion in stock market wealth. The Dow rose 108.00, or 1.25 percent, to 8,776.39. The S&P 500 gained 12.61, or 1.42 percent, to 903.25 and the Nasdaq climbed 26.33, or 1.70 percent, to 1,577.03 For the year, the Dow fell 33.8 percent, the S&P 500 fell 38.5 percent and the Nasdaq dropped 40.5 percent.
Posted
12-31-2008 6:06 PM
by
Dave Dispennette