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

RELATED QUOTES

SymbolPriceChange
DIA161.94-2.20
SPY187.95-3.65
QQQ98.12-3.53

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
    1.40860.000.00%
    USDSGD=X
    1.57190.000.00%
    EURSGD=X
    2.04290.000.00%
    GBPSGD=X
    82.9405-0.0142-0.02%
    SGDJPY=X
    5.5316-0.00010.00%
    SGDHKD=X
    2.95390.000.00%
    SGDMYR=X
    9,665.62890.000.00%
    SGDIDR=X
    4.6685+0.002+0.04%
    SGDCNY=X
    0.9951-0.0005-0.05%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,174.10+16.60+1.43%
    GCJ16.CMX
    15.03+0.18+1.21%
    SIH16.CMX
    55.30+2.68+5.09%
    ^XAU
    2.09-0.04-1.97%
    HGH16.CMX
    31.00-0.72-2.27%
    CLH16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.250.00
    ^FVX
    1.85-0.02
    ^TNX
    2.68-0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.33+0.02+4.76%
    N21.SI
    3.70+0.22+6.32%
    Z74.SI
    1.68+0.05+3.07%
    MC0.SI
    0.385+0.010+2.67%
    E5H.SI
    0.705+0.025+3.68%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.405+0.065+19.12%
    T4B.SI
    0.475+0.075+18.75%
    Y06.SI
    0.23+0.03+15.00%
    S9B.SI
    0.40+0.05+14.29%
    BJE.SI
    54.640.000.00%
    NF6.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.34-0.05-12.82%
    MN5.SI
    0.118-0.012-9.23%
    AWO.SI
    3.85+0.11+2.94%
    H1O.SI
    0.205-0.020-8.89%
    AYL.SI
    0.505-0.045-8.18%
    A05.SI