Stock market today: stocks close the door on a tumultuous 2022 – Kiplinger’s Personal Finance

Stock market today: stocks close the door on a tumultuous 2022 - Kiplinger's Personal Finance

Stocks ended the year far from where they started it. After hitting record highs in January, stocks exited December with a whoop, posting their worst annual performance since the year of the Great Financial Crisis of 2008.

The markets are closed on Monday for New Year’s Day, so volume was naturally thin in the run-up to the long holiday weekend. As for the market participants who did stick around, many of them were willing to sell at ever-lower prices, perhaps participating in last-minute harvesting tax losses.

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