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

RELATED QUOTES

SymbolPriceChange
DIA180.78-1.09
SPY210.23-0.89
QQQ108.45-0.42

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
    1.3690+0.0013+0.09%
    USDSGD=X
    1.5159+0.0005+0.03%
    EURSGD=X
    2.0887+0.0009+0.04%
    GBPSGD=X
    87.4868-0.0324-0.04%
    SGDJPY=X
    5.6650-0.0053-0.09%
    SGDHKD=X
    2.6723-0.0016-0.06%
    SGDMYR=X
    9,507.6523+3.7393+0.04%
    SGDIDR=X
    4.5808-0.0013-0.03%
    SGDCNY=X
    1.0704+0.0012+0.11%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,203.60+2.70+0.22%
    GCJ15.CMX
    16.25+0.09+0.54%
    SIK15.CMX
    72.69-1.12-1.51%
    ^XAU
    2.660.00-0.02%
    HGK15.CMX
    51.74+0.21+0.41%
    CLJ15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.60-0.01
    ^FVX
    2.120.00
    ^TNX
    2.72+0.01
    ^TYX

MARKET MOVERS

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    Most Actives
    NamePriceChange% Chg
    4.12-0.04-0.96%
    Z74.SI
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    5GB.SI
    0.122-0.002-1.61%
    G31.SI
    0.415-0.010-2.35%
    E5H.SI
    0.3150.0000.00%
    AFC.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.25+0.06+31.58%
    B26.SI
    0.235+0.015+6.82%
    D79.SI
    0.48+0.03+6.67%
    MN5.SI
    0.325+0.015+4.84%
    L02.SI
    0.3150.0000.00%
    AFC.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.086-0.019-18.10%
    T16.SI
    0.20-0.02-9.09%
    B1N.SI
    0.225-0.015-6.25%
    5OC.SI
    0.64-0.04-5.19%
    O9E.SI
    0.665-0.035-5.00%
    L17.SI