How the Dow Jones industrial average and other major indexes fared on Thursday

U.S. stocks closed lower on lighter-than-usual trading ahead of the New Year’s Day holiday. The modest declines capped a sluggish 2015 for the market. The Standard & Poor’s 500 index ended the year down about three-quarters of a per cent. With dividends included, the index was up slightly for 2015, but its performance amounted to the worst return for the index since 2008.

On Thursday:

The Dow Jones industrial average fell 178.84 points, or 1 per cent, to 17,425.03.

The S&P 500 index lost 19.42 points, or 0.9 per cent, to 2,043.94.

The Nasdaq composite shed 58.43 points, or 1.2 per cent, to 5,007.41.

For the week:

The Dow lost 127.14 points, or 0.7 per cent.

The S&P 500 index shed 17.05 points, 0.8 per cent.

The Nasdaq gained 41.08 points, or 0.8 per cent.

For the year:

The Dow lost 398.04 points, or 2.2 per cent.

The S&P slid 14.96 points, or 0.7 per cent.

The Nasdaq rose 271.36 points, or 5.7 per cent.