S&P 500 index ends 2014 with a gain of 11 percent

S&P 500 index ends 2014 with a gain of 11 percent

3 photos
Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

NEW YORK (AP) — The U.S. stock market had another solid year.

The Standard & Poor's 500 rose 11.4 percent for 2014. The Dow Jones industrial average gained 7 percent and the Nasdaq composite rose 13 percent.

On Wednesday the market started higher but gave up those gains by the afternoon. Utilities fell the most.

The S&P 500 was down 21 points on the day, or 1 percent, ending the year at 2,058.

The Dow lost 160 points, or 0.9 percent, to 17,823. The Nasdaq fell 41 points, or 0.9 percent, to 4,736.

Energy stocks fell the most in 2014 as the price of oil collapsed. Oil fell 45 percent this year, its biggest yearly loss since 2008.

Bond prices rose. The yield on the 10-year Treasury note edged down to 2.18 percent.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Most recent Business stories

Related topics

The Associated Press


    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast