Dow Closes In The Red For 2005

December 30, 2005
John Patrick Lee

Stocks fell on this last trading day of 2005, with the
Dow posting its first yearly loss since 2002, off 0.5%. It was the
smallest percentage loss for a down year since 1902. For the year, the Nasdaq
rose +1.5% and the S&P, +3% and the Russell, +3.3%.

It was a year in which value outperformed growth and emerging markets
outperformed developed markets.

Notable sector gainers for 2005 were:

Oil & Gas Refiners +78%
Oil & Gas Exploration +67%
Oil &
Gas Drillers +55%
Mining& Metals +49%

Notable losers were:

Autos -29%
IT Services -12%

The New York Post reported Rates
Technology is suing size=2>Google
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over VOIP technology, seeking $5 billion in damages. GOOG’s href=”https://tradingmarkets.com.site/powerratings?sym=goog”>PowerRating
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The Wall Street Journal reports that color=#0000ff>Intel
(
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and product branding. The company is scrapping its 37-year old logo, replacing
it with the slogan “Leap Ahead.”Â size=2>INTC’s href=”https://tradingmarkets.com.site/powerratings?sym=intc”>PowerRating
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Marathon Oil
(
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(
COP |
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(
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their Libyan oil exploration and production operations. color=#000000 size=2>MRO’s href=”https://tradingmarkets.com.site/powerratings?sym=mro”>PowerRating
is 6, COP’s href=”https://tradingmarkets.com.site/powerratings?sym=cop”>PowerRating
is 5href=”https://tradingmarkets.com.site/powerratings?sym=alks”>. AHC’s
href=”https://tradingmarkets.com.site/powerratings?sym=ahc”>PowerRating
is 6href=”https://tradingmarkets.com.site/powerratings?sym=ahc”>.

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