Dow Jones Industrial Average Logs Best Year Since 2013

The Dow Jones Industrial Average shook off its worst-ever start to a year to log its best performance since 2013, as investors bank on an improving economy. The index of 30 blue-chip stocks gained 13% in 2016 even as it fell 0.3% Friday to 19763 on the final trading day of the year. The S&P 500 added 9.5% this year, and the Nasdaq Composite rose 7.5% for their biggest gains since 2014. This year’s rally extends a bull market that has tripled the Dow industrials from their low during the financial crisis of 6547.05 in March 2009. Stocks weathered several shocks in 2016, including a recession scare, Brexit and the U.S. presidential election of Donald Trump.

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