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

RELATED QUOTES

SymbolPriceChange
DIA177.30-1.40
SPY206.16-1.81
QQQ105.73-0.99

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
    1.3525-0.00010.00%
    USDSGD=X
    1.5552-0.00010.00%
    EURSGD=X
    1.9662+0.0003+0.02%
    GBPSGD=X
    79.0010-0.1642-0.21%
    SGDJPY=X
    5.7395+0.00030.00%
    SGDHKD=X
    2.9479+0.00010.00%
    SGDMYR=X
    9,809.6484+0.39840.00%
    SGDIDR=X
    4.7992-0.0006-0.01%
    SGDCNY=X
    1.0127+0.0004+0.04%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,287.30-4.50-0.35%
    GCM16.CMX
    17.44-0.05-0.31%
    SIN16.CMX
    87.23-3.50-3.86%
    ^XAU
    2.220.00-0.02%
    HGN16.CMX
    43.88-0.90-2.01%
    CLM16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.26-0.06
    ^FVX
    1.80-0.07
    ^TNX
    2.66-0.06
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.106-0.001-0.93%
    5I0.SI
    0.43-0.03-6.52%
    N21.SI
    1.295+0.010+0.78%
    N03.SI
    0.099-0.003-2.94%
    5DN.SI
    0.133+0.002+1.53%
    40E.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.78+0.08+12.23%
    5ER.SI
    0.23+0.03+12.20%
    5UZ.SI
    0.187+0.017+10.00%
    A55.SI
    0.33+0.03+10.00%
    BOU.SI
    0.58+0.04+8.41%
    BEI.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.166-0.054-24.55%
    O08.SI
    0.40-0.10-20.00%
    AWC.SI
    0.225-0.045-16.67%
    S46.SI
    0.175-0.024-12.06%
    D79.SI
    0.25-0.03-10.71%
    5PC.SI