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

By  +Follow December 9, 2013 2:17PM
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.

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Results for GRPN
Trader News Daily
27 Aug 14 11:28:00
http://t.co/PeRPkYu8Uk ranked #1 with over 75% alert gains this week. Related: $AMD $HEMP $SNSS $STNG $GRPN $LLLI $RF $BBRY $GLUU $SID
Roy Barrett
27 Aug 14 11:12:38
RT @carlquintanilla: "I don't like the local space," says @jonsteinberg on $GRPN. "It's like trying to get last bit of salsa out of the jar…
Becky Hiu
27 Aug 14 10:45:21
Nikon D3200 24.2MP CMOS Digital SLR Camera with 1/2 Lenses-Refurbished - http://t.co/AqLvMCXDlI <-- gee so tempting from $GRPN - thoughts?
Market News
27 Aug 14 09:22:44
$GRPN: [video] Stock Pops & Drops: M, TSLA, GRPN & TTWO http://t.co/dWZTXOyLif http://t.co/UC9WwCG7u0
27 Aug 14 09:11:32
RT @WallStElevator: #snapchat valued at $10 B based on its recent round of private funding; more than double $GRPN or $KING, both of which …
Carolyn B Miciano
27 Aug 14 08:42:45
Master the #thinkorswim platform for Options http://t.co/Rnn4SdLnPz $INTC $EBAY $GRPN
BUZZ Just-In
27 Aug 14 08:12:25
Access curated tweets- high relevancy, less spam- Social Media Stocks http://t.co/ajElRTb2Qc $TWTR $LNKD $FB $GRPN $ZNGA
Wall Street Elevator
27 Aug 14 08:09:46
#snapchat valued at $10 B based on its recent round of private funding; more than double $GRPN or $KING, both of which make some revenue
27 Aug 14 07:57:17
$GRPN Cerrar #3 @6.51 (+7.4%) X20 *cfdS / @sanpinocho @jonpiras http://t.co/7w1zb4T53j
27 Aug 14 07:25:10
$GRPN might go above break of yesterday's high. Not calling any trade idea as this has been up on nice uptrend. One of my swings.
Stock News Guru
27 Aug 14 07:22:51
$GRPN: [video] http://t.co/yDczKY1B5I: Signed 9 retailers, 2 are live http://t.co/7RahHB6nAY http://t.co/wK9crwJcIE
27 Aug 14 07:03:05
ideeli Becomes ideel $GRPN http://t.co/IDw3cEq4Ar
Chris Story
27 Aug 14 06:35:00
"@PeteO: $AAPL AppLNKD e’s iPad business at-a-glance, more revenue than $FB $TWTR $YHOO $TSLA $LNKD $GRPN combined http://t.co/Pl0gzYlAbS"
Stock Signaling
27 Aug 14 06:31:26
Upgraded Stocks Active in Pre-Market: $ACHN $ITMN $ICPT $ARUN $QUNR $TFM $AINV $ANAC $FB $GRPN $CSIQ $SQNM $CREE $WBMD $DRWI #wallstreet
Carolyn B Miciano
27 Aug 14 06:00:57
Pluses and minuses of Futures trading http://t.co/zxzcsc6zc5 $INTC $EBAY $GRPN
Just me
27 Aug 14 05:47:52
@jimcramer what is ur forecast on $grpn? Time to buy?
Stock Market News
27 Aug 14 05:22:43
$GRPN: Wunderlich Securities Downgrades Groupon, Inc. (GRPN) to Hold http://t.co/VdJbBIzYhS http://t.co/TfYXwPtdyl
Did you see that?
27 Aug 14 05:18:09
Stocks we're following: $FCEL, $ACCO, $MNKD, $GRPN, $QIHU . Feel free to stop by and see how we've been doing. http://t.co/FSvygWKvMn
Carolyn B Miciano
27 Aug 14 02:42:17
Using Beta weighting to hedge http://t.co/OroJJ5pvNb $INTC $EBAY $GRPN
27 Aug 14 01:11:09
We are Releasing a SECRET Penny Stock Pick Today! Get it early: https://t.co/pOvMqLbReN $GRPN $LEAP $DLX
27 Aug 14 00:44:34
We are Releasing a SECRET Penny Stock Pick Today! Get it early: https://t.co/pOvMqLbReN $FRCN $BRGO $GRPN
Carolyn B Miciano
26 Aug 14 19:37:54
Three killer Option Stock combo strategies http://t.co/XZhLeSb963 $INTC $EBAY $GRPN
Business News Now
26 Aug 14 16:22:43
$GRPN: [video] The Top Ten Stocks for Wednesday, Aug. 6 http://t.co/rI8kEbsSJx http://t.co/X7IPyBP6gP
BUZZ Just-In
26 Aug 14 15:56:46
Don't ignore transactions costs- they add up- Social Media Stocks http://t.co/uhCJC31x41 $TWTR $LNKD $FB $GRPN $ZNGA #spreadbetting #cfd
26 Aug 14 15:56:06
$GRPN Short Percent of Float 20.66 %
26 Aug 14 15:15:36
$GRPN is heating uo too numbnuts @lefkofsky aint stupid look few ywears ago 3 to 30 billions in revenues grw a pair BUY $GRPN
26 Aug 14 13:47:32
Gotten my ass kicked on $ZNGA Still own not convinced they're done Quite yet... *Cough* $GRPN $ANGI
Scott Thomas
26 Aug 14 13:25:07
$GRPN is moving .
Financial Headlines
26 Aug 14 13:22:53
$GRPN: [video] Stock Pops & Drops: M, TSLA, GRPN & TTWO http://t.co/w68IEZkBvR http://t.co/xqxtUg8tYy
26 Aug 14 13:01:10
MidCap #Stocks Trend $DSW $SPLK $ARIA $PINC $AMG $INCY $ANF $THRX $KN $JDSU $BRCD $ATI $TFM $SPN $GRPN $ASNA @ http://t.co/tf79gD96D3
26 Aug 14 11:21:51
Lets see if $GRPN can clear 6.50$
Samuel Brown
26 Aug 14 10:30:49
$GRPN Groupon Inc. (Nasdaq: GRPN) Stock Still No Bargain After Shares Sink 16% http://t.co/Qhh0VW6p6r
Carolyn B Miciano
26 Aug 14 10:12:01
All about MACD indicator Free course http://t.co/Qa9da4OfZa $INTC $EBAY $GRPN
Carolyn B Miciano
26 Aug 14 09:37:22
20% to 50% in a week or two - powerful swing trades http://t.co/yLZsCIoFks $INTC $EBAY $GRPN
Market News
26 Aug 14 09:22:45
$GRPN: Groupon, Zynga investors are losing money and patience http://t.co/kX9WwYdYdS http://t.co/YVwmNmDAUA
Carolyn B Miciano
26 Aug 14 09:14:47
Free course on margin usage in Options http://t.co/OutpHLAmlI $INTC $EBAY $GRPN
26 Aug 14 08:55:51
MidCap #Stocks Trend $DSW $PINC $THRX $SPLK $AMG $XEC $KN $BIG $SM $INCY $TSCO $SPN $ATI $GRPN $BRCD $SEIC @ http://t.co/tf79gD96D3
26 Aug 14 08:05:01
$GRPN into the gap nicely
26 Aug 14 07:45:14
Cerrar $GRPN #2 @6.43 (+8%) X20 *CFDs / @sanpinocho @jonpiras http://t.co/z2t9bFuegq
26 Aug 14 07:34:15
With $GRPN just take the money and run lol ...
Stock News Guru
26 Aug 14 07:22:40
$GRPN: [video] http://t.co/yDczKY1B5I: Signed 9 retailers, 2 are live http://t.co/7RahHB6nAY http://t.co/5pRUtqenHQ
Ricky Chau
26 Aug 14 07:11:00
$GRPN takeoff
Carolyn B Miciano
26 Aug 14 06:59:49
Why are VIX Futures important http://t.co/UjC1sXKAsz $INTC $EBAY $GRPN
Carolyn B Miciano
26 Aug 14 06:49:45
How to setup Iron condors http://t.co/3B8tvoFxtZ $INTC $EBAY $GRPN
Julian Close
26 Aug 14 06:48:02
PriceWatch Alerts for $JCP, $GRPN, $FNSR, $BRCM & $SLB from InvestorsObserver today: http://t.co/x6o4QDucai #OptionsTrading #CoveredCalls
Investors Observer
26 Aug 14 06:48:02
PriceWatch Alerts for $JCP, $GRPN, $FNSR, $BRCM & $SLB from InvestorsObserver today: http://t.co/bKCW4aUWhs #OptionsTrading #CoveredCalls
Stock Signaling
26 Aug 14 06:31:24
Upgraded Stocks Active in Pre-Market: $ACHN $ITMN $ICPT $ARUN $QUNR $TFM $AINV $ANAC $FB $GRPN $CSIQ $AMAT $SQNM $CREE $WBMD #analyst #spy
26 Aug 14 06:19:14
$GRPN been in swing for few days and lets see if it can reach upto 6.78
26 Aug 14 01:58:00
$MCET closed up 57% yesterday. Platinum Members once saw 235% gains on it, in 1 week: https://t.co/9OxPSiatev $GRPN $LEAP $DLX
Biz News Pioneer
26 Aug 14 01:22:38
$GRPN: Groupon (GRPN) Post Mixed Q2 Results; Cuts FY EBITDA Outlook http://t.co/dG5U86ltWd http://t.co/otq4VykMup
By  +Follow December 9, 2013 2:17PM



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