S.&P. 500 Ends 2011 Right Where It Started
By CHRISTINE HAUSER
NYT
On its last trading day of the year, Wall Street closed pretty much where it started, but stock markets in Europe and Asia finished steeply lower.
On Friday, the Standard & Poor’s 500-stock index closed with a 0.4 percent loss for the day, while the Dow Jones industrial average fell 0.6 percent.
That left the S.&P. 500, a benchmark for the broad market, statistically unchanged for the year — a 0.00 percent difference, from 1,257.64 on Dec. 31, 2010, to 1,257.60 on Dec. 30, 2011—while the Dow was up 5.5 percent for the year, closing at 12,217.56.
Major European and Asian indexes, however, descended by double-digit percentages in 2011.
The FTSE 100 index of leading British shares closed up 0.1 percent for the day but down 5.6 percent for the year, while Germany’s DAX ended 0.9 percent higher for the day and 14.7 percent lower for the year.
(More here.)
NYT
On its last trading day of the year, Wall Street closed pretty much where it started, but stock markets in Europe and Asia finished steeply lower.
On Friday, the Standard & Poor’s 500-stock index closed with a 0.4 percent loss for the day, while the Dow Jones industrial average fell 0.6 percent.
That left the S.&P. 500, a benchmark for the broad market, statistically unchanged for the year — a 0.00 percent difference, from 1,257.64 on Dec. 31, 2010, to 1,257.60 on Dec. 30, 2011—while the Dow was up 5.5 percent for the year, closing at 12,217.56.
Major European and Asian indexes, however, descended by double-digit percentages in 2011.
The FTSE 100 index of leading British shares closed up 0.1 percent for the day but down 5.6 percent for the year, while Germany’s DAX ended 0.9 percent higher for the day and 14.7 percent lower for the year.
(More here.)
Powered by Blogger
0 Comments:
Post a Comment
<< Home