(MENAFN- Qatar News Agency) US shares ended a record-setting year, with all three major indexes posting annual gains of over 26% in 2013.
The Dow Jones Industrial Average, which is up by 26.5% for the year, rose 72.37 points to 16,576.66 - its biggest annual gain in 18 years, according to the (BBC)
The S and P 500 also saw gains of close to 30% for the year, and closed out 2013 up 7.29 to 1,848.36
The tech-heavy Nasdaq finished up by 22.39 to 4,176.59. In 2013, a continued effort by the US Federal Reserve to help stimulate the economy by keeping interest rates low forced investors to turn to stocks as a way to turn a profit
This helped buoy stocks, in addition to an increasingly improving global economic outlook
Gold, once the safe haven for investors worried about Europe's debt crisis and the US's fiscal wrangling, plunged, ending the year down 28.82% to $1,202.30, its lowest level in 32 years.
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