Dow, Nasdaq Move Higher Despite Europe Fears

U.S. stocks gained ground Monday despite a troubling report that Standard & Poor’s would soon put “several” Eurozone countries on a “creditwatch negative” alert even though German and French officials said they had hammered out a European debt plan that would restrict future deficits without throwing the continent’s economy into a tailspin.

Other reports aside from Monday’s Financial Times story indicate that all 17 countries in the Eurozone would soon be put on notice by the credit rating firm.

For the day, the Dow Jones industrial average rallied up 78 points to 12,097.83 while the Nasdaq and S&P 500 added 28.83 and 12.80 points, respectively.

Here are some of the details from Monday’s trading session:

Dow Jones Industrial Average:

·         Up 78.41 points, or 0.65%, to 12097.83 

·         Halts a two-day skid.

·         Highest close since November 11, 2011.

·         An intraday high of 12186.53 occurred at 10:31:23 today, representing an increase 167.11 points, or 1.39%.

·         An intraday low of 12021.46 occurred at the open today.

·         Twenty-four of the 30 component stocks rose, six fell.

·         Today's top five contributors to The Dow's movement and their point contribution: JPM (8.93), IBM (8.93), MMM (8.85), CVX (8.55), DD (7.27).

·         Today's bottom five laggards: MCD (-2.65), MRK (-1.67), BA (-1.59), JNJ (-0.83), KO (-0.53).

·         Down 2066.70 points, or 14.59% from its record close of 14164.53 on October 9, 2007.

·         Up 6.47% from 52 weeks ago.

·         Up 84.78% from its 12-year closing low of 6547.05 on March 9, 2009.

·         Down 5.56% from its 2011 closing high of 12810.54 on April 29.

·         Up 13.54% from its 2011 closing low of 10655.30 on October 3.

·         Year-to-date: up 4.49%.

 Dow Jones U.S. Total Stock Market Index

·         Dow Jones U.S. Total Stock Market Index, 13048.66 (prelim)*, up 140.79 points, or 1.09%, or approximately $166 billion in market capitalization.

·         Up two consecutive days and five of the last six sessions.

·         Highest close since November 11, 2011.

·         Down 2696.73 points, or 17.13% (approximately $3.9 trillion in market cap), from its record close of 15745.39 on October 9, 2007.

·         Up 91.89% (approximately $7.3 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.

·         Up 2.18% over the past 52 weeks.

·         Down 8.80% from its 2011 closing high of 14308.37 on April 29.

·         Up 15.48% from its 2011 closing low of 11299.07 on October 3.

Data courtesy Dow Jones Indexes.

 

 

 

 

 

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