Wall Street Boasts Surprisingly Robust Gains

December 29, 2023 4:26 pm

NEW YORK (AP) — Stocks slipped on the final trading day of the year, which nonetheless boasted surprisingly robust gains for Wall Street. The benchmark S&P 500 index inched lower Friday but ended 2023 with a 24.2% gain for the year. The Dow Jones Industrial Average rose more than 13% this year. The Nasdaq soared 43% for the year, driven by gains in big technology companies, including Nvidia, Amazon and Microsoft. Treasury yields were mixed and crude oil prices were relatively stable.