Wall Street advanced in low-volume trading on Monday as revelers gathered to ring in 2019, marking the end of the worst year for US stocks since 2008, the height of the financial crisis.
- WAtoday
- Reuters
Wall Street entered correction territory in late January and was challenged for much of 2018 by tariff jitters, rising interest rates, and fears of diminishing corporate profits.
“Investors got complacent,” said Thomas Martin, senior portfolio manager at Globalt Investments in Atlanta.
“People were positioned for the lack of volatility, and when that changed because of trade concerns and…