Running to Stand Still: Spate of Wide Swings Leaves S&P 500 Flat
- Number of 1% moves rise in December though index barely moves
- Intraday swings in S&P 500 this year average most since 2008
2015: The Market That Went Nowhere
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For U.S. stocks, it’s been a wild ride to nowhere.
The Standard & Poor’s 500 Index has registered a move of at least 1 percent on a closing basis 11 times in the past 20 days, putting December on pace to be one of the bumpiest months for U.S. stock investors who have seen that type of back-and-forth only two other times since 2011.