Investors pushed stocks higher for the first time this week Thursday after an initial jobless claims report checked in at a three-and-a-half week low and the Philadelphia’s Fed’s Business Outlook for December came in with a 10.3 reading – dramatically higher than the 4 score most economists had predicted.
The Dow Jones Industrial average moved up 45 points to close at 11,868.81 while the Nasdaq and S&P 500 rose 2 points and 4 points, respectively.
However, all three indices lost ground in late trading as investors digested the news and kept a weary eye on the ongoing Eurozone debt quandary.
Here are some more details from Thursday’s trading session:
Dow Jones Industrial Average:
· Up 45.33 points, or 0.38%, to 11868.81
· Today’s gain snaps a three-day losing streak.
· An intraday high of 11967.84 occurred at 10:00:12 today, representing an increase of 144.36, or 1.22%.
· An intraday low of 11825.22 occurred at 09:30:02 today.
· Twenty-two of the 30 component stocks rose, seven fell, one was unchanged.
· Today's top five contributors to The Dow's movement and their point contribution: TRV (6.36), JNJ (6.21), MRK (6.05), CAT (5.30), BA (5.07).
· Today's bottom five laggards: IBM (-9.38), CVX (-6.51), AXP (-5.00), HPQ (-1.67), AA (-1.21).
· Traded in positive territory for 100 percent of the day
· Down 16.21% from its record close of 14164.53 on October 09, 2007.
· Rose 3.21% from 52 weeks ago.
· Down 7.35% from its 52 week high of 12810.54 on April 29, 2011.
· Up 11.39% from its 52 week low of 10655.30 on October 03, 2011.
· Month-to-date: down 1.47%.
· Year-to-date: up 2.52%.
· Up 81.28% from its 12-year closing low of 6547.05 on March 9, 2009.
Dow Jones U.S. Total Stock Market Index:
· Dow Jones U.S. Total Stock Market, up 52.13 points, or 0.42%, or approximately $58.5 billion in market capitalization, to 12580.22*.
· Today’s gain snaps a three-day losing streak.
· Down 20.10% from its record close of 15745.39 on October 09, 2007.
· Down 3.00% from 52 weeks ago.
· Down 12.08% from its 52 week high of 14308.37 on April 29, 2011.
· Up 11.34% from its 52 week low of 11299.07 on October 03, 2011.
· Month-to-date: down 2.74%.
· Year-to-date: down 4.20% (approximately $752 billion in market cap).
· Up 85.00% (approximately $6.7 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
Data courtesy of Dow Jones Indexes.
