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

By  +Follow December 9, 2013 2:17PM
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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. To read our full disclosure, please go to: http://www.equities.com/disclaimer


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Results for GRPN
Stock Rocket
2 Jul 15 14:30:04
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Stock Dawgzz
2 Jul 15 14:29:36
Our Platinum Subscribers Saw Their Penny Stock Alerts Gain Over 200% In 2 Weeks! Big Update: http://t.co/Lhta1y8KaK $FRCN $BRGO $GRPN
Stockaholics
2 Jul 15 14:26:56
$SUTI Has Now Seen 400% Gains In The Past 2 Weeks! Special Update: http://t.co/l1zbyeWEGo $FRCN $BRGO $GRPN
Clair Voight
2 Jul 15 14:10:54
$GRPN Analyst Price Target Update on Groupon, Inc. http://t.co/hzcnMwUb9c
Hillard Saveth
2 Jul 15 13:44:35
RT @Nicole1515: .@DaSToRM112 I think they ( $YELP ) aren't selling because offers prob too low - shareholders would sue. / $GRPN gonna blo…
Michael Cook
2 Jul 15 12:52:43
Our Penny Stock Pick On $GEQU Closed Up 50% For Our Platinum Members Yesterday! Huge News: http://t.co/91VffBaT09 $GRPN $LEAP $DLX
Mushtaq Choudhury
2 Jul 15 12:40:05
@Nicole1515 yea, the way $yelp halted seems like a buyer was rejected today. $grpn is terrible. $yelp at least has something with local biz
Nicole Augenti, Esq.
2 Jul 15 12:30:52
Truthfully how anyone could hold or buy a single $GRPN share after that last CC is beyond me. I dumped all before call was even over. lol
Nicole Augenti, Esq.
2 Jul 15 12:29:23
.@DaSToRM112 I think they ( $YELP ) aren't selling because offers prob too low - shareholders would sue. / $GRPN gonna blow up too IMO.
Marylou Tefft
2 Jul 15 12:27:10
RT @IHPosts: FXI iShares FTSE China 25 Index Fund Tick http://t.co/QQsLmnLFr3 $FXI $GRPN $MDXG $AXTA #FXI #stocks #tradeideas
James P Worthy
2 Jul 15 12:25:39
$GRPN Analyst Price Target Update on Groupon, Inc. http://t.co/CRGbSIxZp5
Augie Ray
2 Jul 15 12:18:44
@andrewteman FYI, here's my Social Business portfolio: $FB $YELP $LNKD $BV $MKTO $TWTR $AWAY $ZNGA $ANGI $GRPN $JIVE $HUBS $ETSY
Michael Cook
2 Jul 15 11:40:45
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Paul Henry
2 Jul 15 11:26:11
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Michael James
2 Jul 15 11:18:30
We have a MASSIVE New Penny Stock Pick, Coming This Week! Get It Early: http://t.co/NH4n77Y8Db $FRCN $BRGO $GRPN
Augie Ray
2 Jul 15 11:14:34
Social Media Stocks YTD ⇩2%; NASDAQ ⇑5.8%. Social stocks sink in 1st half of '15 just like in '14. Best: $HUBS $FB; Worst: $ETSY $YELP $GRPN
InsiderTradingWire
2 Jul 15 11:00:58
$GRPN | Groupon, Inc. is down 26% since we reported $3,065,621 of insider selling on 05/14/2015. Did you ... - http://t.co/TYIwjTYLcS
Penny Stockington
2 Jul 15 10:55:34
$SUTI Has Gained 66.67%, Since Our Penny Stock Blog Alert! Huge News: http://t.co/llIxl7cUOL $GRPN $LEAP $DLX
Stock Dawgzz
2 Jul 15 10:54:19
Our Platinum Subscribers Saw Their Penny Stock Alerts Gain Over 200% In 2 Weeks! Big Update: http://t.co/Lhta1yqlzk $GRPN $LEAP $DLX
StockenheimerSchmidt
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Stock Rocket
2 Jul 15 10:52:49
Our Penny Stock Newsletter Alerts Gained 200% In 2 Weeks! Get Our Next Pick Early: http://t.co/4eX1MHBloV $GRPN $LEAP $DLX
Stockaholics
2 Jul 15 10:51:38
$SUTI Has Now Seen 400% Gains In The Past 2 Weeks! Special Update: http://t.co/l1zbyeF3OQ $GRPN $LEAP $DLX
Penny Stockington
2 Jul 15 10:05:48
$SUTI Has Gained 66.67%, Since Our Penny Stock Blog Alert! Huge News: http://t.co/llIxl7cUOL $FRCN $BRGO $GRPN
Penny Stock Secret
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Stock Dawgzz
2 Jul 15 10:04:26
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Stock Rocket
2 Jul 15 10:02:45
Our Penny Stock Newsletter Alerts Gained 200% In 2 Weeks! Get Our Next Pick Early: http://t.co/4eX1MHBloV $FRCN $BRGO $GRPN
Stockaholics
2 Jul 15 10:01:56
$SUTI Has Now Seen 400% Gains In The Past 2 Weeks! Special Update: http://t.co/l1zbyeF3OQ $FRCN $BRGO $GRPN
binaryoptionsocial
2 Jul 15 09:59:43
$YELP, $GRPN and $LNKD are the dumbest stocks I know. You try their product once, then you go right back to $GOOG… http://t.co/RBfA8LcTJ0
binaryoptionsocial
2 Jul 15 09:59:40
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glenn moss
2 Jul 15 09:58:02
$YELP, $GRPN and $LNKD are the dumbest stocks I know. You try their product once, then you go right back to $GOOGL, $AMZN and $TWTR.
Capital Market Labs
2 Jul 15 09:39:29
Interactive Chart -> http://t.co/77SK8XXaE1 $GRPN Revenue is Increasing. http://t.co/1W2Bn8dcNx
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Penny Stock Secret
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FinBUZZ Just-IN
2 Jul 15 08:30:06
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wsnewspublishers
2 Jul 15 08:21:38
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FinBUZZ Just-IN
2 Jul 15 08:20:06
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TDAJJKinahan
2 Jul 15 08:13:43
RT @CBOE_TV: Options news: #jobsreport, $VZ & $HP unusual activity, $GRPN leap play @AngieMiles @TDAJJKinahan : $SBUX, $LVS, $TWTR http://t…
CBOE TV
2 Jul 15 08:06:52
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TheBurdetteLawFirm
2 Jul 15 07:16:04
Active trading on open: $GRPN $BP $MEP $AAPL $HP $TSLA $FB $GILD. CBOE options.
US_proptrader
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Quantpost Basic Mats
2 Jul 15 06:52:28
$BP News: "Active equity options trading on open: $AAPL $HP $TSLA $FB $GRPN $BP …" https://t.co/Zo7pHq4Lme Analyze: https://t.co/Z5POm9hjwg
Quantpost $TSLA
2 Jul 15 06:52:28
$TSLA News: "Active equity options trading on open: $AAPL $HP $TSLA $FB $GRPN …" https://t.co/7OhnwLPQpu Analyze: https://t.co/Zexjixn5Cq
Quantpost $GILD
2 Jul 15 06:52:28
$GILD News: "Active equity options trading on open: $AAPL $HP $TSLA $FB $GRPN …" https://t.co/txczMZZwkU Analyze: https://t.co/sPJa0qGVdb
				
				
By  +Follow December 9, 2013 2:17PM
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