U.S. stocks ended a strong 2014 with moderate declines Wednesday. There was no major catalyst for Wednesday's selling. Trading has been slow all week because of the holidays and most fund managers have closed their books for the year. Energy companies fell as the price of oil declined yet again.
Markets will be closed Thursday for New Year's Day. They will resume a regular schedule on Friday.
On Wednesday:
The Dow Jones industrial average fell 160 points, or 0.9 per cent, to 17,823.07.
The Standard & Poor's 500 index lost 21.45 points, or 1 per cent, to 2,058.90.
The Nasdaq composite fell 41.39 points, or 0.9 per cent, to 4,736.05.
For the week:
The Dow is down 230.64 points, or 1.3 per cent.
The S&P 500 is down 29.87 points, or 1.4 per cent.
The Nasdaq composite is down 70.81 points, or 1.5 per cent.
For 2014:
The Dow rose 1,246.41 points, or 7.5 per cent.
The S&P 500 index is up 210.54 points, or 11.4 per cent.
The Nasdaq is up 559.46 points, or 13.4 per cent.
This content appears as provided to The Globe by the originating wire service. It has not been edited by Globe staff.