However, overall, many of those on Wall Street say 2015 will likely wrap up as a modest loss for stock investors, Jennifer Ellison, a principal of San Francisco-based Bingham, Osborn & Scarborough, told Reuters.
Although the S&P reached a record high in 2015, the index is down approximately 1.8 percent for the year. Factors contributing to the slump include stalling growth in China, a dip in commodities prices and “uncertainty over U.S. interest rates and buffeted shares,” according to the report.
“It’s going to be tough to get much of a rally now because it’s so quiet and volume is already down,” Ms. Ellison told Reuters. “Nobody’s interested in anything except making some modest tweaks to their portfolios for year-end spit and polish.”
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