DOW off 101 as 2007 ends on a downer

[I-luvmoney]

Dow off 101 as 2007 ends on a downer
The markets end the year with a whimper, despite a glimmer of not-awful news about existing-home sales. Crude oil has its biggest jump since 1999. Most averages finished with gains, but 2007 was a bitter year for many investors

MoreAfter a tumultuous year of huge gains and violent losses -- sometimes on the same day -- the stock market ended 2007 with a thud.

At the close, the Dow Jones industrials were down 101 points, 0.8%, to 13,265. The Nasdaq Composite Index was off nearly 22 points, or 0.8%, to 2,652, and the Standard & Poor's 500 Index was down 10 points, 0.7%, to 1,468.

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