US markets will pause on Monday to observe the year-end and New Year holidays.
Investors and traders can breathe a sigh of relief after a brutal 2022 in the markets.
No stocks or bonds are traded. Stock and bond markets Closed.
Futures markets for stocks, metals and energy will also be closed.
S&P 500 Laps Worst Year Since 2008
Futures trading resumes Monday at 6:00 pm ET.
The US stock market ended Friday lower in its worst year since 2008.
|Me: DJI||dow jones average||33147.25||-73.55||-0.22%|
|I:COMP||NASDAQ Composite Index||10466.481665||-11.61||-0.11%|
The S&P 500 fell 9.78 points (0.3%) to close at 3,839.50. The index saw him record a 5.9% loss in December.
The Dow fell 73.55 points (0.2%) to close at 33,147.25. The Nasdaq has him down 11.61 points (0.1%) to 10,466.48.
Tech stocks bounce off part of ‘seasonal pattern’, investors pin hopes for January
Nasdaq Composite: -33%
S&P 500: -19%
Dow Jones Industrial Average: -8.8%
S&P Energy Sector Record 2022 Performance ‘Built on Losses of Others’
Crude oil prices closed around $80 on Friday, about $5 higher than at the beginning of the year. But while oil climbed above $120, energy stocks were the only 11 sectors in the S&P 500 to post gains, up 59%.
Consumer discretionary and communication services were down about 37% and 40% respectively.
The Associated Press contributed to this report.