Dow finishes wild 2016 with 13.4% gain

Despite stocks moving mostly lower on the last day of the year, the Dow closed with a double-digit annual increase, its best in three years. All three indices closed 2016 with gains. The resilient Dow closed 2016 more than 4,300 points above its January low of 15,451. A post-election surge, built around Trump's stimulus promises, has carried the Dow almost to 20,000 for the first time. The Nasdaq Composite made its fifth straight annual gain with an advance of about 7.5% while the S&P 500's 9.5% increase was its strongest upturn since 2014.