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

RELATED QUOTES

SymbolPriceChange
DIA164.69+0.05
SPY187.83+0.38
QQQ87.59+0.83

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
    1.2571-0.001-0.08%
    USDSGD=X
    1.7389-0.0013-0.07%
    EURSGD=X
    2.1128-0.001-0.05%
    GBPSGD=X
    81.4089+0.1168+0.14%
    SGDJPY=X
    6.1677+0.0051+0.08%
    SGDHKD=X
    2.6033+0.005+0.19%
    SGDMYR=X
    9,202.4990-53.5273-0.58%
    SGDIDR=X
    4.9750+0.008+0.16%
    SGDCNY=X
    1.1662+0.0009+0.08%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,291.60+1.00+0.08%
    GCM14.CMX
    19.53-0.15-0.78%
    SIK14.CMX
    91.62-1.25-1.35%
    ^XAU
    3.120.00+0.06%
    HGK14.CMX
    101.99+0.05+0.05%
    CLM14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.74+0.03
    ^FVX
    2.690.00
    ^TNX
    3.460.00
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    2.22+0.010+0.45%
    JS8.SI
    1.165+0.015+1.30%
    U6C.SI
    0.122-0.001-0.81%
    B22.SI
    1.335-0.020-1.48%
    G13.SI
    0.605-0.010-1.63%
    E5H.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    1.315+0.084+6.82%
    O9A.SI
    0.131+0.006+4.80%
    I9T.SI
    0.16+0.008+5.26%
    5HH.SI
    0.275+0.010+3.77%
    DM0.SI
    0.305+0.010+3.39%
    5UO.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.09-0.020-18.18%
    CL7.SI
    0.70-0.035-4.76%
    L02.SI
    0.151-0.009-5.63%
    A03.SI
    0.30-0.015-4.76%
    K29.SI
    0.205-0.010-4.65%
    510.SI