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

RELATED QUOTES

SymbolPriceChange
DIA162.36+0.91
SPY184.20+1.26
QQQ85.05+0.28

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
    1.2517-0.0014-0.11%
    USDSGD=X
    1.7331+0.002+0.12%
    EURSGD=X
    2.0977+0.0017+0.08%
    GBPSGD=X
    81.6597+0.3634+0.45%
    SGDJPY=X
    6.1954+0.0081+0.13%
    SGDHKD=X
    2.5901+0.0014+0.05%
    SGDMYR=X
    9,151.5547+26.5449+0.29%
    SGDIDR=X
    4.9754+0.0107+0.21%
    SGDCNY=X
    1.1711-0.002-0.17%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,302.00+1.70+0.13%
    GCM14.CMX
    19.53+0.05+0.24%
    SIK14.CMX
    91.87-1.95-2.08%
    ^XAU
    2.990.00-0.05%
    HGK14.CMX
    103.90+0.15+0.14%
    CLK14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.62+0.02
    ^FVX
    2.63-0.01
    ^TNX
    3.46-0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.118-0.005-4.07%
    B22.SI
    1.275+0.020+1.59%
    N21.SI
    0.60+0.010+1.69%
    E5H.SI
    2.20+0.010+0.46%
    JS8.SI
    0.97+0.060+6.59%
    B20.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.675+0.055+8.87%
    5VT.SI
    0.175+0.014+8.70%
    540.SI
    0.425+0.030+7.59%
    5FD.SI
    0.97+0.060+6.59%
    B20.SI
    0.188+0.011+6.21%
    5H0.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.096-0.011-10.28%
    S13.SI
    0.31-0.015-4.62%
    5SY.SI
    0.25-0.020-7.41%
    5TG.SI
    0.30-0.020-6.25%
    502.SI
    0.14-0.009-6.04%
    5GB.SI