Investors opted to view the glass as half full Friday, pushing stocks higher despite conflicting economic reports on personal income and home sales.
The Dow rallied up 124 points to finish at 12,294.00 while the Nasdaq and S&P 500 added, 19 points and 11 points, respectively.
Investors mustered on despite conflicting economic reports.
Consumer spending and personal income rose only 0.1% in November, well below market expectations. In another report, new U.S. single-family home sales rose to a seven-month high in November and the supply of houses on the market was the lowest in more than five years, an important sign of recovery in the sector.
Here are some more details from Friday’s trading session:
Dow Jones Industrial Average:
- Up 427.61 points this week, or 3.60%, to 12294.00
- Up three of the past four weeks.
- Today: DJIA, up 124.35 points, or 1.02%.
- Up four consecutive trading days.
- Longest streak of daily gains since the five-day period ended 9/16/2011.
- Up 527.74 points, or 4.49%, over the four-day trading period.
- Largest four-day points & percentage gain since December 05, 2011.
- Up five of the past seven trading days.
- Highest closing value since Wednesday, July 27, 2011.
- An intraday low of 12169.80 occurred at 09:30:00 today.
- Today’s intraday high of 12297.44 (occurred at 15:59:41) is the highest since 07/28/2011.
- Twenty-eight of the 30 component stocks rose, two fell.
- Today's top five contributors to The Dow's movement and their point contribution: IBM (20.51), MCD (11.73), MMM (9.31), CVX (9.01), XOM (7.04).
- Today's five worst performing stocks in the index: BA (-2.42), AA (-0.38), HPQ (0.30), JPM (0.91), BAC (0.98).
- Traded in positive territory for 100 percent of the day.
- Down 13.21% from its record close of 14164.53 on October 09, 2007.
- Up 6.23% from 52 weeks ago.
- Down 4.03% from its 52 week high of 12810.54 on April 29, 2011.
- Up 15.38% from its 52 week low of 10655.30 on October 03, 2011.
- Month-to-date: up 2.06%.
- Year-to-date: 6.19%.
Five days before Christmas (Includes the current year)
- Up in 11 of the last 14 years.
- Gained 76 times in 116 years, or 66% of the time.
- Best five days before Christmas was in 1900, up 6.59%
- Worst five days before Christmas was in 1931, down 6.01%
- Averaged a gain of 0.51%.
Dow Jones U.S. Total Stock Market Index:
- Dow Jones U.S. Total Stock Market Index, up 466.77 points this week, or 3.69%, to 13103.23*
- Up three of the past four weeks.
- Today: Dow Jones U.S. Total Stock Market Index, up 108.22 points, or 0.83%, or approximately $126 billion in market cap.
- Up four consecutive trading days.
- Up 629.24 points, or 5.04%, over the four-day period.
- Largest four-day points & percentage gain since December 05, 2011.
- Up six of the past seven trading days.
- Highest closing value since November 08, 2011.
- Down 16.78% (approximately $3.9 trillion in market cap), from its record close of 15745.39 on October 09, 2007.
- Down 0.18% from 52 weeks ago.
- Down 8.42% from its 52 week high of 14308.37 on April 29, 2011.
- Up 15.97% from its 52 week low of 11299.07 on October 03, 2011.
- Month-to-date: up 1.30%.
- Year-to-date: down 0.22% (approximately $229 billion in market cap).
- Since the March 9, 2009 market low, the index is up 92.69% or approximately $7.3 trillion in market cap.
Data courtesy of Dow Jones Indexes.
