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

RELATED QUOTES

SymbolPriceChange
DIA182.26-0.53
SPY212.99-0.51
QQQ110.47-0.11

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
    1.3472+0.0057+0.42%
    USDSGD=X
    1.4731-0.00010.00%
    EURSGD=X
    2.0814+0.0061+0.30%
    GBPSGD=X
    90.4610-0.1428-0.16%
    SGDJPY=X
    5.7545-0.0243-0.42%
    SGDHKD=X
    2.6819-0.0122-0.45%
    SGDMYR=X
    9,799.1699-29.3896-0.30%
    SGDIDR=X
    4.6049-0.0187-0.41%
    SGDCNY=X
    1.0550+0.0054+0.51%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,204.10+0.10+0.01%
    GCM15.CMX
    17.030.00-0.03%
    SIM15.CMX
    71.25-0.60-0.84%
    ^XAU
    2.82+0.01+0.41%
    HGN15.CMX
    61.38+0.08+0.13%
    CLZ15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.56+0.05
    ^FVX
    2.21+0.03
    ^TNX
    2.99+0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.3350.0000.00%
    AFC.SI
    0.193+0.012+6.63%
    5OU.SI
    0.290.000.00%
    5WA.SI
    0.27+0.01+3.85%
    B0Z.SI
    0.172+0.004+2.38%
    F13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.26+0.06+30.00%
    AYP.SI
    0.138+0.019+15.97%
    5IF.SI
    0.179+0.019+11.88%
    5PI.SI
    0.22+0.02+10.55%
    F22.SI
    0.163+0.015+10.14%
    GJ8.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.097-0.013-11.82%
    J8O.SI
    0.135-0.015-10.00%
    5OY.SI
    0.18-0.02-10.00%
    5UF.SI
    0.56-0.06-9.68%
    AXK.SI
    0.25-0.03-9.09%
    L02.SI