Market Close for 28 November 2012

November 28th, 2012
in Gary's blogging, syndication

Gary is off today.  Here is the market close information from Yahoo.

Equities opened lower, but staged a reversal when top lawmakers reiterated their desire to reach a budget agreement. After marking a session low near its 200-day moving average, the S&P 500 reversed 25 handles to session highs. The reversal was aided by comments from House Speaker Boehner who said he is optimistic a deal can be reached in order to avoid going over the fiscal cliff. In addition, the President held a press conference where he reiterated his belief in higher tax rates for top earners. He also stressed that if Congress fails to approve selective tax increases, going over the cliff will result in an across-the-board tax hike. The S&P 500 ended the session with a gain of 0.8%.

Chart for NASDAQ Composite Index (^IXIC)

Chart for Dow Jones Industrial Average Index (^DJI)

Symbol Last Change
Dow 12,985.11 Up 106.98(0.83%)
Nasdaq 2,991.78 Up 23.99(0.81%)
S&P 500 1,409.93 Up 10.99(0.79%)
10-Yr Bond 1.6170% Down 0.0280
NYSE Volume 0
Nasdaq Volume... 0

Indices: US - World | Most Actives

Advances & Declines

Advances 2,099 (67%) 1,507 (59%)
Declines 922 (29%) 941 (37%)
Unchanged 128 (4%) 112 (4%)
Up Vol* 2,659 (79%) 1,200 (69%)
Down Vol* 634 (19%) 408 (24%)
Unch. Vol* 70 (2%) 125 (7%)
New Hi's 108 43
New Lo's 33 35

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