Best Stock Market Performance*

Best Stock Market Performance*
Tunisia
Not every stock market tanked in 2008. As of Dec. 8 tiny Tunisia was the lone market in the black, rising 13% since the beginning of the year. But even it hasn't been safe from the fourth-quarter woes. Since September the Tunindex has fallen from nearly 3,400 to its current level of 2,931.
Worst Stock Market Performance*
Iceland

While the U.S. stock market has certainly suffered in 2008 -- the Standard & Poor's 500-stock index had lost 38% of its value through Dec. 8 -- plenty of other markets were hammered even worse. The OMX Iceland 15 Index fell 77% on a single day in October and is down 90% for the year.
*According to most recent data as of Dec. 8 from Bloomberg