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

RELATED QUOTES

SymbolPriceChange
DIA177.19+1.08
SPY210.40+1.07
QQQ111.43+0.30

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
    1.3659+0.0024+0.18%
    USDSGD=X
    1.5059-0.0024-0.16%
    EURSGD=X
    2.1347+0.0059+0.28%
    GBPSGD=X
    90.7170+0.061+0.07%
    SGDJPY=X
    5.6747-0.0103-0.18%
    SGDHKD=X
    2.7865-0.0044-0.16%
    SGDMYR=X
    9,847.9404-2.0771-0.02%
    SGDIDR=X
    4.5469-0.0074-0.16%
    SGDCNY=X
    0.9982-0.0031-0.31%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,095.50-0.70-0.06%
    GCQ15.CMX
    14.84+0.20+1.35%
    SIU15.CMX
    48.32+0.86+1.80%
    ^XAU
    2.42+0.02+0.71%
    HGU15.CMX
    49.42+1.44+3.00%
    CLU15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.62+0.04
    ^FVX
    2.29+0.04
    ^TNX
    3.00+0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.3150.0000.00%
    5WA.SI
    0.136-0.005-3.55%
    5DN.SI
    0.325-0.015-4.41%
    E5H.SI
    0.88+0.05+6.02%
    5ME.SI
    0.37+0.04+12.12%
    Y35.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.36+0.06+18.03%
    UD2.SI
    0.134+0.018+15.52%
    40F.SI
    0.50+0.06+12.36%
    BAZ.SI
    0.37+0.04+12.12%
    Y35.SI
    1.12+0.12+12.00%
    AXL.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.23-0.05-17.86%
    AWS.SI
    0.24-0.05-17.24%
    E94.SI
    0.30-0.03-10.45%
    B49.SI
    0.127-0.012-8.63%
    5WH.SI
    0.14-0.01-7.89%
    583.SI