After 3 years of double digit gains, the S&P 500 (U.S. large company stocks) returned only 1.4% in 2015 (-.73% without dividends). As can be seen in the chart below, the S&P 500 appreciated through the first half of 2015, then suffered a significant sell-off in late summer. By the end of the year, those losses were recovered and the index finished at 2043.94. The technology heavy NASDAQ increased by 5.7%, as Amazon and Netflix both rose over 120%, while Facebook increased 36%. Long-time tech star Apple fell by just over 4%. The S&P 400 (mid-sized companies) was down 2.2% and the Russell 2000 (small company stocks) fell by 4.4%. Please click the link below to read the entire Avista 2015 Global Market Review.
Avista 2015 Global Market Review
About the Author: Glenn Farkas
Glenn Farkas is the the President and owner of Avista Wealth Management. He has over 18 years experience in the capital markets and currently manages portfolios for private investors and small companies.