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December 31st, 2007

Stocks Fall on Last Day of ‘07

“Considering all that’s going on, the market really acted pretty well”

Wall Street ended a painful year with another steep loss Monday as investors glumly anticipated that 2008 would see a continuation of the uncertainty and turbulence of 2007.

The Dow Jones industrials fell about 100 points the latest in a string of triple-digit moves that became commonplace in the just-ended year, although they still managed to finish 2007 with a respectable increase of more than 6 percent not as large as the 16.29 percent increase in 2006, but a better performance than the modest loss in 2005. Read more



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