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Axios
Axios
Business
Axios

Stock market ends worst year in a decade

Traders work on the floor of the New York Stock Exchange on Monday. Photo: Spencer Platt/Getty Images

The stock market made some gains Monday, but still ended the year with its worst performance since the 2008 financial crisis, AP reports. The S&P 500 was down 6.2% at the end of the year, and the Dow Jones Industrial Average was down 5.6%.

Between the lines, per Axios' Courtenay Brown: The crisis-era comparison sounds scary, but this is a very different market than it was in 2008, when the S&P fell 35%. The Dow and the S&P 500 also had the worst year since 2008 back in 2015. Look how well the stock market has done since then.

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