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The Independent UK
The Independent UK
National
Associated Press

Stock market today: Stocks drift on the final trading day of a surprisingly good year on Wall Street

Stock Market Nvidia United States Amazon Economy Microsoft US Federal Reserve
Copyright 2023 The Associated Press. All rights reserved

Stocks are drifting on the final trading day of a year of surprisingly robust gains for Wall Street. The benchmark S&P 500 index is sitting just below the all-time high Friday and is up 24.6% for the year. The Dow Jones Industrial Average hit another record Thursday and is up more than 13% in 2023. The Nasdaq is up 44% for the year, driven by gains in big technology companies, including Nvidia, Amazon and Microsoft. Treasury yields edged higher and crude oil prices rose.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

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