2018 was the worst year for stocks in a decade

Gage Goulding


Photo Credit: (MGN Online)

Gage Goulding, News Editor

MOON TOWNSHIP (RMU Sentry Media/CNN) — Investors on Wall Street are more than happy to ring in 2019 and say goodbye to the worst trading year since 2008.

During 2018, the stock market took a rollercoaster ride with some of the highest points ever recorded, as well as record-breaking lows. In the end, this past year the worst stocks have seen in a decade.

The Dow fell 5.6 percent, the S&P 500 was down 6.2 percent and the NASDAQ lost 4 percent.

Not only was it the worst year since 2008, but 2018 was only the second year both the Dow and the S&P ended lower since 2008.

To cap off the year, December was particularly harsh for investors. The Dow was down 8.7 percent, the worst December since 1931. Christmas Eve posted the worst ever performance for the Dow with record losses.

One fact to think about going into the 2019 trading year: the Dow has swung a thousand points in a single session just eight times in its history, and five of those took place in 2018.