logo  
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

S&P Closes on New Record High as Stocks Inch Upward

By  +Follow December 9, 2013 2:17PM
Share:
Tickers Mentioned:

Stocks pared back early gains to end the first trading day of the week modestly higher on Wall Street, as investors have little in the way of economic datato distract them from speculating on what announcement, if any, will be made regarding Federal Treasury spending at the conclusion of the central bank’s monthly policy meeting next week.

The Standard & Poor’s 500 index ended the day at a new record-high on a gain of 0.18 percent to 1,808.37 points, while the Dow Jones Industrial Average inched up a slight 0.03 percent to 16,025.33 points, and the NASDAQ was 0.15 percent higher at 4,068.75.

McDonald’s Corp. (MCD) dropped over 1 percent on the day, but the Dow got plenty of support on the upside with gains for General Electric (GE) , Microsoft (MSFT) , and oil & gas giant Chevron (CVX) .

On the S&P 500, major food retailer Sysco Corp. (SYY) closed the day nearly 10 percent higher on the most volume of any stock on the index after the announcement of its $3.5 billion merger with US Foods, a move that could increase the company’s sales by nearly 50 percent. Tech companies rose on heavy trading as well, with gains for Micron Technology (MU) , Intel (INTC) , and AT&T (T) .

On the NASDAQ, shares for Israeli medical appliance manufacturer Given Imaging Ltd. (GIVN) jumped over 27 percent by the closing bell after Sunday’s announcementthat the company was being purchased for $680 million by Covidien Plc. (COV) . Biotech firms Gilead Sciences (GILD) , Ariad Pharmaceuticals (ARIA) , and Infinity Pharmaceuticals (INFI) also notched gains.

Social media/mobile-based techs performed well, with Facebook (FB) up nearly 2 percent and Groupon (GRPN) adding over 5.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


Signup for our daily newsletter and get our best articles emailed right to you!

Results for GRPN
Kohen Birch
18 Dec 14 18:51:50
Are you thinking of Investing in $BKW $RK $INTU $GRPN #StockMarket http://t.co/df2jWOHRFd
Ashleigh Neuman
18 Dec 14 18:50:10
Awesome #Stock #Research on $XRX $AAP $PLL $GRPN #newsletter http://t.co/rHCe9UAsta
Tempie Ramey
18 Dec 14 18:42:59
Avoid mistakes like $HIG $ALKS $MO $GRPN View now http://t.co/gF43jqg6zC
Helena Sasser
18 Dec 14 18:41:50
Buy or sell? $JLL $WFC $SHW $GRPN #financial http://t.co/gEwrnZIynH
Orson Manns
18 Dec 14 18:33:21
Bad #Invesments like got you down $BMRN $CCK $JBL $GRPN #wealthmanagement http://t.co/4GagKOzve7
Wilburn Miller
18 Dec 14 18:31:36
Couple of Stocks you should Watch $EBAY $ALL $TUP $GRPN #overvalued http://t.co/imkcU10z3f
Dakota Financial
18 Dec 14 18:29:58
Groupon Director Unloads $3,505,000 in Stock $GRPN http://t.co/mC7MDDbWAj
Vanessa Brunner
18 Dec 14 18:26:08
Stocks I'm keeping my Eye on...should you? $PG $AWH $FHN $GRPN #money http://t.co/fahxBtLOOP
Rita Simpkins
18 Dec 14 18:22:49
Are you thinking of Investing in $RTN $TXN $ATVI $GRPN Must see http://t.co/rwVAN446El
Noemi Whited
18 Dec 14 18:18:54
Insider Trading alerts on $JKHY $SCI $CR $GRPN Try this http://t.co/YzW7NZ7vaG
Win Whitman
18 Dec 14 18:16:04
Insider Trading alerts on $APD $WTW $AMTD $GRPN Must see http://t.co/BDCYI0A6Fa
Donnell Isom
18 Dec 14 18:12:44
Buy or sell? $WLP $UB $CVX $GRPN #wealthmanagement http://t.co/hrRCfORiC2
Adria Ostrander
18 Dec 14 18:06:07
Great #Pennystock #research $CFX $WFC $UDR $GRPN View now http://t.co/qts8cGg0UW
Cami Clarke
18 Dec 14 18:03:07
Looking for more info on $CMCSA $VZ $ASBC $GRPN #investing http://t.co/aiKf6dJ9Nt
Anjelica Mccart
18 Dec 14 18:02:30
Are you considering selling $SPLS $TFM $BA $GRPN Check out http://t.co/j2R2w8bLCg
BUZZ Just-In
18 Dec 14 18:02:16
Access curated tweets- high relevancy, less spam- Social Media Stocks http://t.co/0lDjsENu8a $FB $LNKD $TWTR $GRPN $ZNGA
Frank Tribble
18 Dec 14 18:02:02
Avoid mistakes like $GXP $GE $HOT $GRPN Try this http://t.co/mJxYaWHEBM
Stellan Tharp
18 Dec 14 17:56:08
Avoid mistakes like $PRU $CRL $AMTD $GRPN I suggest http://t.co/Fii6HBjw12
Joetta Mccue
18 Dec 14 17:56:06
5 Stocks you should be watching $ACGL $ETN $VZ $GRPN Must have http://t.co/55zRZmJ3O7
Alesia Quick
18 Dec 14 17:51:13
Should you hold or add to $ASBC $MMC $HCP $GRPN #Research http://t.co/JflVcvJmbC
Lael Nation
18 Dec 14 17:49:35
Should you buy, sell or hold $TSLA $HRL $RNR $GRPN Give it a try http://t.co/9YdqAhZtgF
Milagro Galloway
18 Dec 14 17:46:13
Regretting your investment in $DUK $ECL $JAH $GRPN #NASDAQ http://t.co/CRS5v5MpTJ
Lawanda Mcgill
18 Dec 14 17:45:33
Are you considering selling $CAR $TGI $IT $GRPN #liquidity http://t.co/KOnJ9bCO9x
Shena Fagan
18 Dec 14 17:43:01
Todays Stocks you should be watching $MSG $LH $LEA $GRPN View now http://t.co/rW6x6SpwNC
Maryellen Crutcher
18 Dec 14 17:30:50
Are you looking for more winners like $AXS $NI $MDT $GRPN #newsletter http://t.co/U0625XVj6p
Shena Fagan
18 Dec 14 17:20:06
Insider Trading alerts on $EA $BRCM $MAR $GRPN Check out http://t.co/UbofFUQUcQ
Brice Means
18 Dec 14 17:18:10
#Stocks you migh want to Sell $ALSN $NCR $URI $GRPN I suggest http://t.co/hP3xCrKbzo
Ruth Patrick
18 Dec 14 17:03:36
Latest Earnings info on $ETFC $USM $HBI $GRPN Goto http://t.co/MOEB6lEKK5
Griselda Barfield
18 Dec 14 17:01:55
Sick and Tired of losing money on $STZ $ALL $LB $GRPN #StockMarket http://t.co/nQpcY0fHiy
StockNewsWires
18 Dec 14 16:58:07
$GRPN: Groupon Director Unloads $3505000 in Stock (GRPN) http://t.co/VRTKxl9da3 http://t.co/w4Mwgjma9K
Joe Barbee
18 Dec 14 16:57:56
Looking for the next winners like $ARIA $EXP $FLIR $GRPN #money http://t.co/Ot6YQpxkiR
Shawn Hager
18 Dec 14 16:43:32
Are you Bullish on these #stocks $COO $SNA $HFC $GRPN Visit http://t.co/TzDXwiY1Ur
Henriette Hostetler
18 Dec 14 16:36:15
Buy or sell? $CB $TGT $P $GRPN Worth a look http://t.co/lvnCgHgJUu
Mercedes Bullard
18 Dec 14 16:36:14
Small-cap stocks breaking 52-wk high prices $NCR $CVD $WWAV $GRPN Check out http://t.co/SdC9UbE4vi
Henrietta Major
18 Dec 14 16:34:15
Bad #Invesments like got you down $PBF $MON $PETM $GRPN #overvalued http://t.co/0m4aWPlJtv
Dana Mcginnis
18 Dec 14 16:31:21
#Stocks you might want to hold onto $ROVI $FB $EIX $GRPN #financial http://t.co/OCOJpANnCY
Rush Seaman
18 Dec 14 16:27:29
Looking for research on $LKQ $FIS $CLGX $GRPN #personalfinance http://t.co/21XSmsWjkY
Nga Fortenberry
18 Dec 14 16:23:31
Find out the latest on $YHOO $MDRX $AVGO $GRPN #investing http://t.co/n2uFNCXgkg
Dave
18 Dec 14 16:20:40
I didnt know the pro members get the opening bell alerts from http://t.co/qY5MPlJPrU 1 day early. $S $ODP $BAC $GRPN $ARCP $HEMP
Roxann Bayer
18 Dec 14 16:20:38
Great #Stock Newsletter you must have $BRCD $MKL $SEIC $GRPN View now http://t.co/Q2lXR30fyj
Margart Kellum
18 Dec 14 16:19:21
Looking for the next $HST $WOOF $DRE $GRPN #newsletter http://t.co/jVjI06vXod
Griselda Barfield
18 Dec 14 16:19:00
Looking for research on $HUM $HCP $ACE $GRPN #newsletter http://t.co/Of8GFbwOdI
Stock Rocket
18 Dec 14 16:18:21
Thanks to the 5 pro traders at http://t.co/5jbX6mNKQv for an amazing week! My win rate was 80%. So sweet. $GRPN $OIBR $PLUG $FITX
Joella Vitale
18 Dec 14 16:18:06
Are you putting your money in $GEF $SE $EFX $GRPN #money http://t.co/8W8AmpnTs2
Carolyn B Miciano
18 Dec 14 16:17:42
Learn to use #thinkorswim for active trading http://t.co/n7WNrIUinE $INTC $EBAY $GRPN
Tyson Gerard
18 Dec 14 16:17:02
Did you lose money on $BBT $AAP $RHT $GRPN #singedinvestor http://t.co/AjV37sDK0K
Mark Trader
18 Dec 14 16:11:08
Thanks to the pros at http://t.co/6cvEHBeuNR for the $TINO swing trade idea. Up 45% so far. $GRPN $ARCP $HEMP
Win Whitman
18 Dec 14 16:09:22
#Stocks you might want to hold onto $SGEN $PBF $MON $GRPN #financialnews http://t.co/1GMkcIj2XR
Win Whitman
18 Dec 14 16:08:48
Are you looking for winners like $CCO $SNV $GPC $GRPN I suggest http://t.co/evbBngNadf
Hilde Phipps
18 Dec 14 16:06:55
Insider Trading alerts on $GT $VNTV $HAS $GRPN Check out http://t.co/osAPLu7liT
				
				
By  +Follow December 9, 2013 2:17PM
Share:

Comments

 

blog comments powered by Disqus

About us

Equities.com is the most advanced interactive online social ecosystem for the financial industry, serving as a resource center and next-generation communication platform that connects self-directed investors with public issuers, market experts, and professional service providers and vendors. Registered members can leverage our exclusive proprietary research tools such as the Small-Cap Stars, which outperformed 90% of all small-cap mutual funds, and robust do-it-yourself E.V.A. research reports. The Equities.com Issuer Dashboard is the ideal tool to communicate and manage investor awareness campaigns to the investment community, as well as to access valuable resources to help your company grow.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.