November 30th, 2012
in Gary's blogging
Gary is off today. Here is the market close from Yahoo.
Equities were on uncertain footing during the first hour of the session. The S&P 500 followed the early indecision by sliding to its lows just above the 1410 level. A familiar theme played out intraday as President Obama and House Speaker Boehner held another round of press conferences. The President reiterated the importance of reaching compromise and expressed hope that enough Republicans can be convinced to break rank and vote in favor of his budget proposal. Meanwhile, House Speaker Boehner maintained his prior stance and said that Republicans are willing to compromise if Democratic lawmakers agree to spending cuts. Until then, the two sides remain at a stalemate. The benchmark average spent the majority of the session in the red, but a buying surge shortly before day's end lifted the index to flat close.
Advances & Declines
|Advances||1,673 (53%)||1,217 (47%)|
|Declines||1,354 (43%)||1,230 (48%)|
|Unchanged||123 (4%)||124 (5%)|
|Up Vol*||2,201 (56%)||1,115 (50%)|
|Down Vol*||1,636 (41%)||1,067 (48%)|
|Unch. Vol*||129 (3%)||33 (1%)|