News / 

Worst year for stocks since 2008... Choppy market for IPOs... Huge container ship

Save Story
Leer en español

Estimated read time: 2-3 minutes

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 Information in the story may be outdated or superseded by additional information.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) — U.S. stocks closed lower today, capping the worst year for the market since 2008. The Standard & Poor's 500 index ended essentially flat for the year after the day's modest losses nudged it into the red for 2015. The Dow Jones industrial average also closed out the year with a loss. The tech-heavy Nasdaq composite fared better, delivering a gain for the year.

NEW YORK (AP) — Trading was lighter than usual ahead of the New Year's Day holiday. The Dow ended the day down 179.84 points to 17,425. The S&P 500 index lost 19.42 points, to 2,044. The Nasdaq composite fell 58 points, to 5,007. For 2015, the Dow registered a loss of 2.2 percent. It's the first down year for the Dow since 2008. The Nasdaq ended with a gain of 5.7 percent.

NEW YORK (AP) — The volatile trading that defined 2015 led to a choppy market for companies wanting to go public. The number of U.S. companies that successfully made an initial public offering in 2015 dropped by more than 40 percent compared with a year ago, according to a report by IPO research firm Renaissance Capital.

SAN FRANCISCO (AP) — The largest container ship to visit the U.S. passed under the Golden Gate Bridge in San Francisco today before arriving at the Port of Oakland. The nearly quarter-mile-long megaship named the Benjamin Franklin set sail from China earlier this month with a stop in Los Angeles after Christmas. It cleared the famous bridge with about 20 feet of space to spare.

NEW YORK (AP) — Taylor Swift's star-studded "1989 World Tour" topped Pollstar's list of worldwide tours of the year, grossing $250.4 million. Swift's tour grossed $70 million more than the No. 2 tour of the year, AC/DC's "Rock or Bust World Tour," which brought in $180 million. One Direction, U2 and Foo Fighters rounded out the Top 5 tours of the year.

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 This material may not be published, broadcast, rewritten or redistributed.

Most recent News stories

The Associated Press


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

    KSL Weather Forecast