Stocks fall, limited gains seen next year

Stock markets fell sharply last week.

The S&P 500 fell 3.8 percent, the STOXX Europe 600 fell 4 percent and the MSCI Asia Pacific Index fell 2 percent.

The decline last week left the S&P 500 down 2 percent for the year so far and analysts think that next year will be little better for stocks.

From WSJ's MoneyBeat blog:

Stock prognosticators by nature are an optimistic bunch, but not now.

Their forecasts for 2016 are downright gloomy, with many warning clients to expect more volatility and limited gains.