Lacklustre end to 2015 for traders on Wall Street

Apple's shares went backwards for the first time since 2008

For 2015, the Dow snapped a six-year winning streak to end 2.2 percent lower, and the S&P 500 fell 0.7 percent, while the Nasdaq advanced 5.7 percent, logging its fourth straight annual gains.

According to preliminary calculations, the index had a total return for the year of just 1.4 percent, including dividends.

The year wasn't grim across the board.

The S&P 500 held more than half a percent lower, in negative territory for 2015 in intraday trade.

But broadly, the market struggled. Weakness in the world's second- largest economy has weighed on commodity prices, dragging down energy and raw-material shares and putting a blight on USA corporate profits. Please see our terms of service for more information.

For the United States stock markets, 2015 turned out to be the worst year after the economic downturn of 2008. The Nasdaq Composite lost 1.15 per cent to 5,007.41. The Nasdaq was a bright spot, gaining for 2015 despite dropping more than 1% for the day. Dogged by weak commodity prices, the FTSE 100 underperformed the rest of Europe with a 4.5% loss on the year. Apple too shed over 4% registering an annual loss for the first time since 2008. Technology stocks were among the biggest decliners. The index is up only 0.2 percent for the year.

- Chesapeake Energy fell 77% and was the biggest decliner in the S&P 500. The yield on the 10-year Treasury note fell to 2.27 percent from 2.30 percent a day earlier.

Lacklustre end to 2015 for traders on Wall Street
Lacklustre end to 2015 for traders on Wall Street

Throughout the year, the performance of the market was impacted by expectations of the FED raising interest rates, continuing downtrend in oil prices, and a slowdown in some major emerging markets. The plunge in energy prices rattled both stock and bond markets.

"It was a year of two phases, but in the end was a little disappointing, " said Mr. Gijsels.

Numerous risks that anxious investors this year will remain front and center in 2016.

Longer term, Apple remains a boost for the index. Oil futures are on track for a 9% December drop and a 29% 2015 decline. The Stoxx Europe 600 declined 0.5%. Shares of the Shanghai composite in mainland China fell 0.9%.

S&P 500 e-minis ESc1 were up 1 points, or 0.05 percent, with 23,844 contracts traded.

Still, Kenny said for all the turmoil in the markets this year, including global-economic uncertainty after China's surprise devaluation of the yuan, another debt standoff in Greece, and diverging worldwide central bank policies, the major averages in the USA were within striking distance of record highs. The dollar fell to 120.21 yen from 120.55 yen, while the euro fell to $1.0859 from $1.0924.

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