2010 ends softly but 2011 could start with bang

S&P 500

The end of 2010 was a slow one for the markets, but it was the holidays, so this came as no surprise. We had also seen a strong run at the beginning of December, which left the indexes needing a chance to catch their breath before deciding on their next move. Unlike the last day of trading in 2009, year-end profit-taking didn't have a strong impact in the overall market. Both the Dow and S&P remained relatively unchanged by the end of the session. The Nasdaq-100 did experience some strong selling early in Friday's session, but many stocks managed to recover losses mid-day.

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