Bank and energy stocks pulled back Tuesday after the Federal Reserve Board’s Open Market Committee closed out the year with an uneventful meeting that indicates – at least for now – that the central bank is not planning another round of quantitative easing.
The Dow shed 66 points to close at 11,954.94 while the Nasdaq and S&P 500 lost 33 points and 11 points, respectively.
Here are some of the details from Tuesday’s trading session:
Dow Jones Industrial Average:
· Down 66.45 points, or 0.55%, to 11954.94
· Down two consecutive trading days and three of the last four.
· Down 229.32 points, or 1.88%, over the two-day period.
· Largest two-day points & percentage decline since, November 25, 2011.
· Lowest close in two weeks, since November 29, 2011.
· An intraday high of 12147.70 occurred at 10:11:24 today, representing an increase of 126.31 points, or 1.05%.
· An intraday low of 11904.38 occurred at 15:36:06 today, representing a decrease of 117.01 points, or 0.97%.
· Seven of the 30 component stocks rose, 21 fell, two were unchanged.
· Today's top five contributors to The Dow's movement and their point contribution: CVX (4.16), XOM (3.63), PG (3.18), PFE (2.80), MSFT (1.89).
· Today's bottom five laggards: CAT (-17.10), MMM (-8.93), IBM (-7.80), JPM (-5.68), HPQ (-4.09).
· Down 2209.59 points, or 15.60% from its record close of 14164.53 on October 9, 2007.
· Up 4.17% from 52 weeks ago.
· Up 82.60% from its 12-year closing low of 6547.05 on March 9, 2009.
· Down 6.68% from its 2011 closing high of 12810.54 on April 29.
· Up 12.20% from its 2011 closing low of 10655.30 on October 3.
· Month-to-date: down 0.75%.
· Year-to-date: up 3.26%.
· DJIA crossed zero 16 times during today's trading session.
Dow Jones U.S. Total Stock Market Index:
· Dow Jones U.S. Total Stock Market Index, 12681.39 (prelim), down 134.37 points, or 1.05%, or approximately $163 billion in market capitalization.
· Down two consecutive trading days and three of the last four.
· Down 331.72 points, or 2.55%, over the two-day period.
· Largest two-day points decline since November 23, 2011.
· Largest two-day percentage drop since the two-day period ended November 25, 2011.
· Lowest close since November 29, 2011.
· Down 3064.00 points, or 19.46% (approximately $4.3 trillion in market cap), from its record close of 15745.39 on October 9, 2007.
· Up 86.49% (approximately $6.9 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
· Up 2.05% over the past 52 weeks.
· Down 11.37% from its 2011 closing high of 14308.37 on April 29.
· Up 12.23% from its 2011 closing low of 11299.07 on October 3.
· Month-to-date: down 1.96%.
· Year-to-date, down 3.43%, or approximately $630 billion. in market cap
Data courtesy of Dow Jones Indexes.
