NEW YORK, united States, dec. 30, 2016.- Investors culminated this Friday with a year of solid gains on Wall Street wanting to sell, due to which the main indicators in the united States were down at the low on the last day of trading in 2016.
The actions of technology companies and focused on the consumer led the decline, while that of real estate companies and banks managed small gains. Like all the other days of the week, the stock market trading session on Friday was slack because of the holiday of the New Year.
despite the losses of the last week, 2016 it was a good year for the investors of stock market, better than had been foreseen by most analysts.
The Dow ended the year with a gain of 13.4%, while the Nasdaq composite index has advanced 7.5 percent.
The index Standard & Poor’s 500, the broadest indicator of the us stock market, had a gain of 9.5%. Including dividends, the total profit reached 11,96%.
The actions of the small companies had better performance, especially since the presidential election. The index Russell 2000 ended 2016 with a gain of 19.5%.
“This was not a market that was well, but extremely well,” said Quincy Krosby, strategist stock in the firm Prudential Financial.
The stock market overcame repeated falls in 2016, among them the worst start in any year for shares, the second market correction in five months and the fall in oil prices.
A steady improvement of the economy and the labour market in the united States, as well as greater stability in oil prices and an increase in corporate profits contributed to a recovery in the stock market.
more recently, the optimism of the investors after the republican win in November pushed the market to new heights.
on Friday, the Dow was down 57,18 points, or 0.3%, to 19.762,60. The S&P 500 fell 10,43 units, to 0.5%, 2.238,83. The Nasdaq composite index gave 48,97 whole, 0.9 per cent, and was 5.383,12.
The Russell 2000 fell 6,05 points, 0.4 percent, to 1.357,13.
bonds rose in price. The performance of the certificate of the 10-year Treasury fell to 2,48% 2,44%.
The crude u.s. benchmark lost five cents and ended in 53,71 dollars a barrel in New York. The final price translates into a rise of 45% during the year. The mixture Brent, the international benchmark, dropped three cents and closed at 56,82 dollars a barrel in London.
FJMM
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