Investors opened their wallets Wednesday following an upbeat report from home builders and word that Greece is nearing a deal with its private creditors that would bring some much-needed stability to the region.

The Dow Jones Industrial Average rose 97 points to 12,578.95. The Nasdaq stormed up 41.63 points to finish at 2,769.71 while the S&P hurdled the 1,300-point threshold, closing up 14 points to 1308.04.

On the economic front, the National Association of Home Builders/Wells Fargo builder sentiment index climbed to hit its highest level in more than four years and industrial output last month checked in at its strongest level in more than a year. 

Here are some more details from Wednesday’s trading session:

Dow Jones Industrial Average:

  • Up two consecutive trading days and five of the last seven.
  • Biggest points and percentage gain since January 3, 2012.
  • Highest close since July 25, 2011.
  • An intraday high of 12582.28 occurred at 15:26:45 today, representing an increase of 100.21 points, or 0.80%.
  • An intraday low of 12453.20 occurred at 09:34:20 today, representing a decrease of 28.87 points, or 0.23%.
  • Twenty-seven of the 30 component stocks rose, three fell.
  • Today's top five contributors to The Dow's movement and their point contribution: JPM (12.34), CAT (10.22), HD (8.63), IBM (8.10), MCD (7.64).
  • Today's bottom five laggards: BA (-1.36), MSFT (-0.23), VZ (-0.08), PFE (0.15), MRK (0.30).
  • Down 1585.58 points, or 11.19% from its record close of 14164.53 on October 9, 2007.
  • Up 6.37% from 52 weeks ago.
  • Up 92.13% from its 12-year closing low of 6547.05 on March 9, 2009.
  • Down 1.81% from its 52-week closing high of 12810.54 on April 29, 2011.
  • Up 18.05% from its 52-week closing low of 10655.30 on October 3, 2011.
  • Month-to-date: up 2.96%.
  • Year-to-date: up 2.96%.

 
Dow Jones U.S. Total Stock Market Index:

  • Dow Jones U.S. Total Stock Market Index, 13579.55 (prelim)*, up 161.43 points, or 1.20%, or approximately $189 billion in market capitalization.
  • Up two consecutive trading days and six of the last seven sessions.
  • Biggest points and percentage gain since January 3, 2012.
  • Highest close since July 28, 2011.
  • Down 2165.84 points, or 13.76% (approximately $3.4 trillion in market cap), from its record close of 15745.39 on October 9, 2007.
  • Up 99.70% (approximately $7.8 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
  • Up 1.55% over the past 52 weeks.
  • Down 5.09% from its 52-week closing high of 14308.37 on April 29, 2011.
  • Up 20.18% from its 52-week closing low of 11299.07 on October 3, 2011.
  • Month-to-date: up 4.30%.
  • Year-to-date: up 4.30%, or approximately $650 billion in market cap.

Data courtesy of Dow Jones Indexes.

 

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access