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Apple Closes '15 Lower; S&P Ends Red 1st Time Since '08

Stocks closed the last week of 2015 modestly lower. For the year, the Nasdaq rose 5.7%. The S&P 500 lost 0.7% in 2015, its first decline since 2008. The week's notable movers were Valeant Pharmaceuticals, Hawaiian Holdings, Apple and Tesla Motors.