Saturday, Aug 27, 2016
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Stock Market

Stocks are little changed on Wall Street as 2013 winds down; Crocs jumps on Blackstone stake

NEW YORK — Stocks are little changed in quiet trading as Wall Street gets ready to close the books on a historic year.

The Dow Jones industrial average edged up 25 points, or 0.2 percent, to close at 16,504 today.

The Standard & Poor’s 500 index was flat at 1,841. The Nasdaq composite slipped two points to 4,154.

With just one more trading day left in 2013, the S&P 500 is on track for an annual gain of 29 percent, the biggest since 1997. With dividends included, it’s up 32 percent.

Crocs jumped $2.81, or 21 percent, to $16.14 after the shoe maker said it was getting a $200 million investment from the private equity firm Blackstone.

Trading volume was very low with many investors on vacation.

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