Poll: Where's the stock market headed?
How will the markets do this year? (Jan. 10, 2014) Credit: AP
In 2013, stocks had their best year in more than 15 years. The major indexes advanced on the Federal Reserve's massive stimulus and expectations for accelerating growth in coming months.
The Standard & Poor's 500 index rose 29.6 percent over the year, its best performance since 1997, while the Dow Jones industrial average climbed 26.5 percent in its best year since 1995. The Nasdaq composite jumped 38.3 percent, its best year since 2009.
Now that the Fed has begun tapering its stimulus, how do you think the markets will do this year? Vote and leave a comment; results and a selection of comments will be published in next Sunday's business section.
Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
