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
PennyStocker
23 Nov 14 00:59:20
$ELED is breaking out of bullish flag pattern today. Could be a big couple days here. $GRPN $ARCP $HEMP
Dave
23 Nov 14 00:12:02
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
Wall Street
23 Nov 14 00:03:52
Why trade alone? Get real time trade alerts from 5 pro traders at http://t.co/iQWRYqnOQl $GRPN $ARCP $HEMP
Trader News Daily
22 Nov 14 23:08:12
Wow http://t.co/PeRPkZkWiw just posted last weeks results. +429%. Crazy. They offer a free trial too. $SAN $GRPN $BLTA $ARCP $ALU
PennyStocker
22 Nov 14 22:52:53
Wowser $ELED in breakout mode. Going long on the 8k news. $GRPN $ARCP $HEMP
Stock Rocket
22 Nov 14 22:22:35
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
Trader News Daily
22 Nov 14 20:24:30
Wow http://t.co/PeRPkZkWiw just posted last weeks results. +429%. Crazy. They offer a free trial too. $SAN $GRPN $BLTA $ARCP $ALU
PennyStock Zone
22 Nov 14 19:36:53
http://t.co/lbZzSo6C44 <-- Interview with Triforcetrader! $0.4M 1st yr trading! $GRPN $SALE $VLO $ARCC
Dave
22 Nov 14 19:20:09
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
Stock Rocket
22 Nov 14 16:41:41
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
Wall Street
22 Nov 14 16:21:12
Why trade alone? Get real time trade alerts from 5 pro traders at http://t.co/iQWRYqnOQl $GRPN $ARCP $HEMP
FairOaksTrader
22 Nov 14 16:17:01
Full portfolio details, updated weekly at http://t.co/afbzGpOYuN $SPY $AAPL $GRPN
FairOaksTrader
22 Nov 14 16:14:20
Portfolio Update: Nov. 21, 2014: +4.2% versus +2.25% S&P500 November http://t.co/yA5BtafryE $AAPL $SLY $SPY $FOSL $FCN $CLS $GLW $GRPN $TXT
TipRanks
22 Nov 14 15:54:14
Top Expert Consensus for $GRPN is Hold https://t.co/S2ugMK6HRg #NASDAQ #stocks #GRPN
PennyStock Zone
22 Nov 14 15:00:25
http://t.co/lbZzSo6C44 <-- Interview with Triforcetrader! $0.4M 1st yr trading! $GRPN $SALE $VLO $ARCC
SBR China
22 Nov 14 14:50:53
RT @59_win: Are you putting your money in $NSC $GNTX $ATR $GRPN #financialnews http://t.co/6dZIUXpzyh
Skot Kortje
22 Nov 14 14:28:16
ST Bullish Xover. Stock Trends Report on Groupon, Inc. $GRPN http://t.co/w8MX2hAVaM
Win Whitman
22 Nov 14 13:47:57
Are you putting your money in $NSC $GNTX $ATR $GRPN #financialnews http://t.co/6dZIUXpzyh
PennyStock Zone
22 Nov 14 13:35:37
Interview with Triforcetrader! http://t.co/lbZzSo6C44 $SLV $GRPN $EWJ $OSK $AEGR $MSG $TUBE $FDO $CBOE $SXI $BVN
Griselda Barfield
22 Nov 14 13:11:24
Buy or sell? $KMI $CME $CLR $GRPN Worth a look http://t.co/ZRwegqtA6E
Stockaholics
22 Nov 14 12:59:53
578% Gains On Penny Stocks in one month! Plus a New Pick Is Coming: http://t.co/2W3yKD2d5Q $GRPN $LEAP $DLX
Sol Wentworth
22 Nov 14 12:50:52
Whats going on with $JBHT $CVS $TEG $GRPN #NSE http://t.co/ES5ruY3mu5
Griselda Barfield
22 Nov 14 11:36:17
5 Stocks you should be watching $DISCA $LMT $TSCO $GRPN Click http://t.co/U2cRkXIFne
Stock Rocket
22 Nov 14 11:30:47
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
PennyStocker
22 Nov 14 11:29:00
$ELED is breaking out of bullish flag pattern today. Could be a big couple days here. $GRPN $ARCP $HEMP
Stockaholics
22 Nov 14 11:14:05
578% Gains On Penny Stocks in one month! Plus a New Pick Is Coming: http://t.co/2W3yKD2d5Q $FRCN $BRGO $GRPN
PennyStocker
22 Nov 14 10:34:50
Wowser $ELED in breakout mode. Going long on the 8k news. $GRPN $ARCP $HEMP
Charlotte Christman
22 Nov 14 10:03:19
#Stock Market Reports you need on $WIN $MGM $IPGP $GRPN I suggest http://t.co/WPp7pEctMq
PennyStocker
22 Nov 14 09:56:42
Wowser $ELED in breakout mode. Going long on the 8k news. $GRPN $ARCP $HEMP
Mark Trader
22 Nov 14 09:39:00
Thanks to the pros at http://t.co/6cvEHBeuNR for the $TINO swing trade idea. Up 45% so far. $GRPN $ARCP $HEMP
Raymon Maestas
22 Nov 14 09:14:53
Should you buy, sell or hold $THRX $MXIM $CCL $GRPN #personalfinance http://t.co/fg4wAiFjZP
Dave
22 Nov 14 09:13:37
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
Michelle Hedrick
22 Nov 14 09:13:23
Find out the latest on $GOOG $DLR $WAFD $GRPN #wallstreet http://t.co/6RD2EV8O2W
Stock Rocket
22 Nov 14 08:56:25
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
Keith Petri
22 Nov 14 08:51:06
$GRPN Acquires In-Store Analytics And Marketing Startup @SwarmMobile | http://t.co/T1LQnHo6wK
PennyStocker
22 Nov 14 08:22:28
$ELED is breaking out of bullish flag pattern today. Could be a big couple days here. $GRPN $ARCP $HEMP
Wall Street
22 Nov 14 08:09:27
http://t.co/iQWRYqnOQl will not help you lose weight...but it will help you make money trading. Enjoy! $GRPN $ARCP $HEMP
PennyStocker
22 Nov 14 06:44:42
$ELED is breaking out of bullish flag pattern today. Could be a big couple days here. $GRPN $ARCP $HEMP
PennyStocker
22 Nov 14 06:01:36
Wowser $ELED in breakout mode. Going long on the 8k news. $GRPN $ARCP $HEMP
Mark Trader
22 Nov 14 05:33:03
I banked over 200% in gains during my 14-day trial with http://t.co/6cvEHBeuNR. Their 5 guru traders are amazing. $GRPN $ARCP $HEMP
Stock Rocket
22 Nov 14 05:13:03
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
PennyStock Zone
22 Nov 14 04:48:52
Interview with Triforcetrader! http://t.co/lbZzSo6C44 $SLV $GRPN $EWJ $OSK $AEGR $MSG $TUBE $FDO $CBOE $SXI $BVN
Kohen Birch
22 Nov 14 03:18:36
Get #Pennystock Research on $XL $INGR $OHI $GRPN Try this http://t.co/DfUGn1F4ff
Kristian Redmond
22 Nov 14 03:05:39
Looking for the next winners like $IM $NSR $HOG $GRPN #moneymanagement http://t.co/kZ2J9OMfop
Lael Nation
22 Nov 14 03:05:36
5 Stocks you should be watching $ORLY $ZBRA $UTX $GRPN Give it a try http://t.co/eJvwA5oO1J
Nga Fortenberry
22 Nov 14 03:05:16
Should you hold or add to $HRB $VAR $EMC $GRPN #NASDAQ http://t.co/TvhKIYpNu7
Ali Lawrence
22 Nov 14 03:04:56
Looking for the next $NUAN $CXO $RHI $GRPN Click http://t.co/v0ltly8Hgs
Carrie Nixon
22 Nov 14 02:42:10
Are you thinking of Investing in $ABT $EMR $PDM $GRPN Check out http://t.co/hV66dGavf7
Zandra Whitlock
22 Nov 14 02:36:48
Todays movers to research $CFX $DATA $UDR $GRPN #Stock http://t.co/UBBOU3XuAO
Shawn Hager
22 Nov 14 02:28:34
Bad #Invesments like got you down $ZMH $MORN $DSW $GRPN #overvalued http://t.co/fhTnSigJ50
				
				
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.