Stocks Move Higher As Gold Plunges

Investors pushed stocks higher in afternoon trading Wednesday, propelling the Dow Jones Industrial average up 144 points, or 1.3%, to close at 11.320.71. Gold, meanwhile, lost some of its luster, shedding 5.6% of its value to close at $1,757.30, its largest one-day decline in more than three years.

The Nasdaq composite rallied up 22 points to finish at 2,467.69 while the S&P 500 tacked on 15 points, or 1.3%, to close at 1,177.60.

Here's a closer look at Thursday's rally:

Dow Jones Industrial average:

  • Up 143.95 points, or 1.29%, to 11320.71
  • Up three consecutive trading days.
  • Up 503.06 points, or 4.65%, over the three-day trading period.
  • Largest three-day points & percentage gain since August 15, 2011.
  • Up seven of the past ten trading days.
  • Highest closing value since August 17, 2011.
  • An intraday high of 11331.57 occurred at 15:44:56 today, representing an increase of 154.81 points, or 1.39%.
  • An intraday low of 11113.04 occurred at 09:31:53 today, representing a decrease of 63.72 points, or 0.57%.
  • Twenty-nine of the 30 component stocks rose, one fell.
  • Today's top contributors to The Dow's movement and their points contribution: IBM (18.47), CAT (18.32), AXP (12.56), UTX (11.20), HD (9.54).
  • Today's laggard: XOM (-0.91).
  • Traded in positive territory for 77 percent of the day.
  • DJIA crossed zero 43 times during today's trading session
  • Down 20.08% from its record close of 14164.53 on October 09, 2007.
  • Up 12.53% from 52 weeks ago.
  • Down 11.63% from its 2011 closing high of 12810.54 on April 29.
  • Up 5.60% from its 2011 closing low of 10719.94 on August 10.
  • Down 11.63% from its 52 week high of 12810.54 on April 29, 2011.
  • Up 13.37% from its 52 week low of 9985.81 on August 26, 2010.
  • Month-to-date: down 6.77%.
  • Year-to-date: down 2.22%.

Dow Jones U.S. Total Stock Market Index:

  • Dow Jones U.S. Total Stock Market, 12213.27 (prelim)*, up 159.01 points, or 1.32%, or approximately $ 187 billion in market capitalization.
    • Up two consecutive trading days.
    • Up 574.89 points, or 4.94%, over the two-day trading period.
    • Largest two-day points & percentage gain since August 12, 2011.
    • Highest closing value since August 17, 2011.
    • Down 3532.12 points, or 22.43% (approximately $4.8 trillion in market cap), from its record close of 15745.39 on October 9, 2007.
    • Up 79.60% (approximately $6.4 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
    • Up 12.36% from 52 weeks ago.
    • Down 14.64% from its 2011 closing high of 14308.37 on April 29.
    • Up 5.47% from its 2011 closing low of 11580.34 on August 08.
    • Down 14.64% from its 52 week high of 14308.37 on April 29, 2011.
    • Up 13.24% from its 52 week low of 10785.39 on August 26, 2010.
    • Month-to-date: down 9.65%.
    • Year-to-date: down 6.99% or approximately $1.1 trillion in market cap.

Data courtesy of Dow Jones Indexes

 

 

 

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