Author: 123jump.com Staff
123jump.com
Last Update: 5:25 PM EST December 31 2007
U.S. market index closed lower on the last day of trading in 2007, but for the year managed to rise. Nasdaq led the U.S. market averages with a rise of 9.8% followed by 6.4% rise in Dow and 3.5% in S&P 500. Brazil led the South American markets with a rise of 43%. China led the world indexes with a rise of 120% followed by 52% rise in Indonesia and 47% gain in India. Hong Kong surged 39%, its best year since 1999. Oil gained 60% and gold rose 31% in 2007.
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