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

RELATED QUOTES

SymbolPriceChange
DIA163.46+3.00
SPY195.41+3.64
QQQ103.90+2.85

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
    1.4176+0.0018+0.13%
    USDSGD=X
    1.5762-0.0128-0.81%
    EURSGD=X
    2.1651-0.0013-0.06%
    GBPSGD=X
    84.8537-0.1614-0.19%
    SGDJPY=X
    5.4655-0.0087-0.16%
    SGDHKD=X
    2.9908+0.0128+0.43%
    SGDMYR=X
    10,008.8184-7.1445-0.07%
    SGDIDR=X
    4.4819-0.0078-0.17%
    SGDCNY=X
    0.9939-0.0029-0.29%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,121.50-12.10-1.07%
    GCZ15.CMX
    14.56-0.11-0.73%
    SIZ15.CMX
    46.23-0.58-1.23%
    ^XAU
    2.37+0.04+1.91%
    HGZ15.CMX
    46.21-0.04-0.09%
    CLV15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.48-0.03
    ^FVX
    2.16-0.01
    ^TNX
    2.930.00
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.310.000.00%
    5WA.SI
    0.1320.0000.00%
    5DN.SI
    0.13+0.01+10.17%
    5GJ.SI
    3.70+0.03+0.82%
    Z74.SI
    0.140.00+3.70%
    AFC.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.205+0.047+29.75%
    L02.SI
    0.59+0.08+15.69%
    UD3.SI
    0.17+0.02+13.33%
    40N.SI
    0.19+0.02+11.76%
    5G1.SI
    0.195+0.019+10.80%
    KJ5.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.415-0.070-14.43%
    MN5.SI
    0.117-0.018-13.33%
    510.SI
    0.124-0.016-11.43%
    TI6.SI
    0.66-0.08-10.81%
    AXV.SI
    0.55-0.06-10.57%
    AXZ.SI