S&P 500 Had Its Worst December In Decades
- 5 years ago
According to Reuters, the S&P 500 is on track for its largest December decline since 1931.
Although the benchmark index is trading up on the last day of the year, it is down 8-percent over the last month of 2018.
The S&P 500 rose about half a percent during morning trading on Dec. 31st, adding about 14-points, and rising to 2,499.
Nine of the S&P's top eleven sectors were trading higher on the day, but only two are on track to end the year higher.
The healthcare and utilities are on pace to end 2018 higher, but the S&P's energy, materials, industrials, communication services, and financial sectors are down between 15-and-21 percent each.
Although the benchmark index is trading up on the last day of the year, it is down 8-percent over the last month of 2018.
The S&P 500 rose about half a percent during morning trading on Dec. 31st, adding about 14-points, and rising to 2,499.
Nine of the S&P's top eleven sectors were trading higher on the day, but only two are on track to end the year higher.
The healthcare and utilities are on pace to end 2018 higher, but the S&P's energy, materials, industrials, communication services, and financial sectors are down between 15-and-21 percent each.