The S&P 500 jumped Thursday in one of the last trading sessions of the year but remained on track to close out its worst year since the ...

S&P Year End



The S&P 500 jumped Thursday in one of the last trading sessions of the year but remained on track to close out its worst year since the 2008 financial crisis. broad-based stock index added 66.06 points, or 1.7%, to 3849.28The pulled backbroad-based stock index added 66.06 points, or 1.7%, to 3849.28, its largest one-day gain of the month. The technology-focused Nasdaq Composite gained 264.80 points, or 2.6%, to 10478.09. The Dow Jones Industrial Average added 345.09 points, or 1%, to 33220.80. U.S. stock benchmarks had pulled back Wednesday.The gains stretched across industries Thursday, with all 11 of the S&P 500's sectors advancing for the day. Tech stocks were among the best performers, with some recent stock-market losers outperforming the broader market.  Tesla shares, for example, shot up $9.11, or 8.1%, to $121.82. They remain down 65% for the year. Shares of Apple, Alphabet and Meta Platforms, which are headed for one of their worst years on record, also outperformed the broader market, adding at least 2.8% each. to end the yearWith just one trading session left in 2022, many investors are likely to end the year nursing heavy losses.

Caitlin Ostroff and Gunjan Banerji from WSJ

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