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

RELATED QUOTES

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SPY226.74+0.83
QQQ123.25+0.27

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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  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.172-0.002-1.15%
    N21.SI
    0.109+0.003+2.83%
    AAJ.SI
    0.121+0.006+5.22%
    40F.SI
    3.81+0.03+0.79%
    Z74.SI
    0.855-0.005-0.58%
    Y92.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.45+0.12+36.36%
    MR8.SI
    0.44+0.09+25.71%
    AWC.SI
    0.46+0.08+21.05%
    AYB.SI
    0.52+0.07+16.85%
    E8Z.SI
    0.20+0.02+10.50%
    BDN.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.22-0.03-13.73%
    AWI.SI
    0.155-0.015-8.82%
    F86.SI
    0.113-0.010-8.13%
    D79.SI
    0.23-0.02-8.00%
    T18.SI
    0.139-0.011-7.33%
    5NF.SI

Market Data

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    Currencies
    NamePriceChange% Chg
    1.4239-0.0019-0.13%
    USDSGD=X
    1.5237+0.0036+0.24%
    EURSGD=X
    1.7595+0.0008+0.05%
    GBPSGD=X
    80.1530-0.492-0.61%
    SGDJPY=X
    5.4391+0.0021+0.04%
    SGDHKD=X
    3.1179-0.0011-0.04%
    SGDMYR=X
    9,436.7451+30.9307+0.33%
    SGDIDR=X
    4.8209+0.004+0.08%
    SGDCNY=X
    1.0748-0.0028-0.26%
    AUDSGD=X
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    Commodities
    NamePriceChange% Chg
    1,210.20+8.70+0.72%
    GCG17.CMX
    17.11+0.11+0.66%
    SIH17.CMX
    88.68+1.12+1.28%
    ^XAU
    2.620.00+0.19%
    HGH17.CMX
    52.33+0.96+1.87%
    CLG17.NYM
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    TreasuryYield (%)Yield Change
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    ^FVX
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    ^TNX
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