Wall Street finishes worst year since 2008 with gains


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Healthcare and tariff-sensitive technology stocks, led by Boeing Co and Caterpillar Inc , provided the biggest boost to the SP 500 on Monday.


The Dow Jones Industrial Average rose 265.06 points, or 1.15 per cent, to 23,327.46, the SP 500 gained 21.11 points, or 0.85 per cent, to 2,506.85 and the Nasdaq Composite added 50.76 points, or 0.77 per cent, to 6,635.28.


All 11 major sectors in the SP 500 ended the session in positive territory. But for the year, only healthcare and utilities ended 2018 higher.


Energy, materials, communication services , industrials and financials were the biggest per centage losers of 2018, down between 14.7 per cent and 20.5 per cent from the beginning of the year.


The 20.5 per cent drop of energy stocks in 2018 was largely attributable to crude prices plunging 38 per cent since early October.


Article source: https://www.smh.com.au/world/middle-east/syria-strikes-keep-home-fires-burning-for-uk-s-may-and-france-s-macron-20180415-p4z9p0.html?utm_medium=rss&utm_source=rss_world

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