S&P Enjoys 20% Gain for 2nd Year in Row
Stocks closed lower on Tuesday as investors wrapped up another booming year that hoisted the S&P 500 to its second consecutive annual gain exceeding 20%, spurred by enthusiasm for rate cuts, economic strength and artificial intelligence. The Dow Jones Industrials stepped back 29.51 points to 42,544.42. The broader index dipped 25.31 points to 5,881.63. The…