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

RELATED QUOTES

SymbolPriceChange
DIA185.51+0.53
SPY217.24+0.98
QQQ113.65+0.47

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
    1.3578+0.0029+0.22%
    USDSGD=X
    1.4888-0.0047-0.31%
    EURSGD=X
    1.7807-0.0117-0.65%
    GBPSGD=X
    77.9270-0.394-0.50%
    SGDJPY=X
    5.7044-0.0166-0.29%
    SGDHKD=X
    2.9897-0.0071-0.24%
    SGDMYR=X
    9,684.1836+18.9121+0.20%
    SGDIDR=X
    4.9223-0.0028-0.06%
    SGDCNY=X
    1.0097-0.0055-0.54%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,322.10-8.90-0.67%
    GCQ16.CMX
    19.69-0.12-0.63%
    SIU16.CMX
    103.74-0.30-0.29%
    ^XAU
    2.24-0.02-1.00%
    HGU16.CMX
    44.26-0.49-1.09%
    CLU16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.12+0.02
    ^FVX
    1.570.00
    ^TNX
    2.29-0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.425-0.035-7.61%
    5TP.SI
    0.37-0.01-3.90%
    5ME.SI
    0.1710.0000.00%
    N21.SI
    0.141+0.001+0.71%
    43E.SI
    0.116+0.002+1.75%
    RE4.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.177+0.047+36.15%
    O08.SI
    0.15+0.02+16.28%
    AZG.SI
    0.15+0.02+15.38%
    5MQ.SI
    0.19+0.02+14.46%
    P36.SI
    0.15+0.02+12.78%
    5G1.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.205-0.090-30.51%
    BCZ.SI
    0.23-0.06-22.03%
    5VI.SI
    0.156-0.044-22.00%
    Y06.SI
    0.35-0.07-16.67%
    BDF.SI
    0.38-0.05-11.63%
    AYV.SI