December markets could be worst since 1931

UNDATED (AP) – Trading has been highly volatile in December, capping a year of turbulence for markets. The major U.S. stock indexes closed last week with their first weekly gain in what’s been an otherwise painful month. The Dow Jones Industrial Average and S&P 500 rose more than 2 percent for the week, while the Nasdaq added nearly 4 percent. The indexes are still all down around 10 percent for the month and on track for their worst December since 1931.