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

RELATED QUOTES

SymbolPriceChange
DIA180.03+2.09
SPY209.85+1.90
QQQ107.60+1.59

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
    1.3505+0.002+0.15%
    USDSGD=X
    1.4495+0.0012+0.08%
    EURSGD=X
    2.0111+0.0013+0.06%
    GBPSGD=X
    88.4373+0.0131+0.01%
    SGDJPY=X
    5.7393-0.0079-0.14%
    SGDHKD=X
    2.6907+0.00010.00%
    SGDMYR=X
    9,595.9902-42.1367-0.44%
    SGDIDR=X
    4.5921-0.0053-0.12%
    SGDCNY=X
    1.0391-0.0028-0.27%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,196.20+2.50+0.21%
    GCM15.CMX
    15.98+0.09+0.57%
    SIK15.CMX
    71.20+0.26+0.36%
    ^XAU
    2.730.00+0.05%
    HGK15.CMX
    57.74-0.14-0.24%
    CLM15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.32+0.03
    ^FVX
    1.90+0.05
    ^TNX
    2.57+0.07
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    4.32-0.09-2.04%
    Z74.SI
    1.045+0.020+1.95%
    G13.SI
    0.875-0.010-1.13%
    N21.SI
    0.290.00-1.69%
    5WA.SI
    1.255+0.025+2.03%
    5ME.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.295+0.030+11.32%
    G10.SI
    0.515+0.030+6.19%
    P9D.SI
    0.26+0.01+6.12%
    I85.SI
    0.275+0.015+5.77%
    F86.SI
    1.55+0.07+4.73%
    T14.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.20-0.05-20.00%
    5WD.SI
    0.20-0.04-16.67%
    5TS.SI
    0.23-0.02-9.80%
    41H.SI
    0.215-0.010-4.44%
    ACW.SI
    0.37-0.03-6.33%
    5VP.SI