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After year of stock records, a weak start to 2014 E-mail
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News - St Augustine Area & St Johns County
NEW YORK — Investors may already feel a little nostalgic for 2013. The Standard & Poor’s 500 index began the New Year with its worst performance in three weeks as energy and technology companies pulled down the stock market. Stocks started the year at lofty heights after a combination of rising company earnings and economic stimulus from the Federal Reserve pushed major indexes to record levels in 2013. The S&P 500 surged almost 30 percent, its best year since 1997, and the Dow Jones industrial average climbed 26.5 percent, the most since 1995. read more

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