The Dow ended down 2.2% in 2015 — its worst performance since 2008. The S&P 500 also ended the year down 0.7%. It was the worst year for those two indexes since markets collapsed 7 years earlier. Tech companies helped the Nasdaq finish up 5.7%.
Investors who kept cash on hand avoided negative returns from stocks and bonds.
Bullish investors who invested in Amazon and Netflix made out great with 120% returns on their money. That means a $10,000 investment at the start of the year turned into $24,000.
Google and Expedia each finished 2015 up over 45% while Facebook gained 34%.
It was a horrible year for energy stocks with Chesapeake Energy, CONSOL Energy, and Southwestern Energy all losing 75% of their value. Corporate defaults more than doubled from 2014 numbers.