A look back at the Dow’s wild rise in 2016

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2016 was arguably the year of the Dow on Wall Street, as the blue-chip stock gauge ended the year flirting with the 20,000 milestone after posting 17 record highs after Election Day.
But a look back at 2016 is a stark reminder that the year didn’t start well for the Dow Jones industrial average and that there were scares along the way. Still, the Dow posted a 13.4% gain in 2016 — its best gain since 2013 — even though its late-year quest for Dow 20K fell 237 points short after ending the year at 19,762.60.
Here’s a synopsis of the Dow’s 2016 highlights — and lowlights:
Jan. 4 – Jan. 8: The first week of 2016 was a downer for the Dow. The Dow’s nearly 1,100-point, or 6.2%, plunge in the first five trading days marked its worst-ever start to a year. Spooking markets? A December 2015 interest rate hike by the Federal Reserve and a stock market meltdown in China that led to a Jan. 7

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