STOCKS GO WILD AS DEAL GETS CLOSE: Here's What You Need To Know

RELATED QUOTES

SymbolPriceChange
DIA177.58-1.8100
SPY206.43-1.82
QQQ105.60-1.13

It was a huge day for stocks, as a surprisingly strong year came to a close.

First the scoreboard:

Dow: 13,104, +166.0, +1.2 percent
S&P 500: 1,426, +23.7, +1.6 percent
NASDAQ: 3,019, +59.2, +2.0 percent

And now the top stories:

  • It's December 31, the deadline for the fiscal cliff, and there's still no deal.
  • However, "We are very, very close" to a deal, said Senate Minority Leader Mitch McConnell.   Both parties have reportedly agreed on an income threshold for raising income taxes, which has been crucial to getting a deal done.  Click Here For Our LIVE Ongoing Coverage Of Fiscal Cliff Talks >
  • While the fiscal cliff deadline is only hours away, it might not be the end of the world if a deal isn't struck tonight.  "So far markets have taken this all reasonably well, assuming there’s a chance of some last-minute deal," said Goldman's Jim O'Neill to the Daily Mail.  "Even if they can’t put together something on Sunday, if they can create the impression they can put together a deal in the next couple of weeks then the markets will be OK."
  • Given the slow recovery and the heightened level of uncertainty, it's remarkable that the S&P 500 surged 13 percent this year.  The biggest winners were the housing stocks, which were fueled by a year evidence confirming a U.S. housing market bottom and recovery.
  • Markets will be closed tomorrow in observance of the New Year's Day Holiday.
  • Don't Miss: The Ultimate Visualization Of America's Boom, Bust, And Epic Comeback >


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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3679-0.0051-0.37%
    USDSGD=X
    1.4710-0.0037-0.25%
    EURSGD=X
    2.0296-0.006-0.29%
    GBPSGD=X
    87.6400+0.1714+0.20%
    SGDJPY=X
    5.6686+0.0222+0.39%
    SGDHKD=X
    2.6997+0.0016+0.06%
    SGDMYR=X
    9,527.4824+11.4678+0.12%
    SGDIDR=X
    4.5289+0.0134+0.30%
    SGDCNY=X
    1.0432-0.0022-0.21%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,185.50+2.30+0.19%
    GCM15.CMX
    16.62+0.03+0.16%
    SIK15.CMX
    65.50-1.02-1.54%
    ^XAU
    2.75+0.01+0.51%
    HGK15.CMX
    47.26-0.34-0.71%
    CLK15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.38-0.04
    ^FVX
    1.93-0.03
    ^TNX
    2.54-0.01
    ^TYX

MARKET MOVERS

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    Most Actives
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    A50.SI
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    N21.SI
    0.172+0.006+3.61%
    I12.SI
    0.42-0.01-1.18%
    E5H.SI
    0.33+0.01+3.13%
    J7X.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.19+0.05+35.71%
    5RC.SI
    0.42+0.09+27.27%
    5UL.SI
    0.42+0.07+21.74%
    5DS.SI
    0.225+0.025+12.50%
    E94.SI
    0.35+0.03+9.38%
    K29.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.141-0.029-17.06%
    40B.SI
    0.092-0.013-12.38%
    A18.SI
    0.13-0.02-12.16%
    L10.SI
    0.495-0.055-10.00%
    TI6.SI
    0.112-0.011-8.94%
    B32.SI