Stocks close down in final session of 2024; S&P 500 posts best 2-year gain in decades

view original post

Dec. 31 (UPI) — Stocks closed lower on the final trading day of 2024 to end what has been a strong year for the Dow Jones Industrial Average and the S&P 500, which notched its second consecutive larger than 20% annual return in decades.

The Dow Jones Industrial Average closed down 29.51 points, or 0.07%, on Tuesday to close at 42,544.22. The S&P 500 was off 0.4% to 5,881 and the Nasdaq Composite was down 0.9% to 19,310.

Advertisement