[HedoShoodovex]

LA Times: http://latimesblogs.latimes.com/mone...cord-high.html

The U.S. stock market in 2010 racked up a second straight year of double-digit returns, as the economic recovery rolled on and Wall Street bet there’s more to come.

The Dow Jones industrial average ended Friday at 11,577.51, up fractionally for the day and up 11% for the year, after gaining 18.8% in 2009.

Many broader market indexes far outpaced the blue-chip Dow, as they did when the market rebounded in 2009 from the financial-system meltdown. The Standard & Poor’s 500 index, a common benchmark for retirement accounts, closed Friday at 1,257.64, off slightly for the day but up 12.8% for the year. Including dividends, the S&P's gain was about 15%.

The tech-dominated Nasdaq composite index rose 16.9% for the year.

Small-company stocks again were standouts this year, with the Russell 2,000 index surging 25.3%.