EmailStock Market Update
Market Snapshot
| Dow | 13331.92 | +227.78 | (1.74%) |
| Nasdaq | 3087.79 | +68.28 | (2.26%) |
| SP 500 | 1451.13 | +24.94 | (1.75%) |
| 10-yr Note | -23/32 | 1.841 | |
| NYSE | Adv 2750 | Dec 299 | Vol 359.9 mln |
| Nasdaq | Adv 2184 | Dec 326 | Vol 1.01 bln |
Industry Watch
| Strong: Materials, Industrials, Consumer Discretionary |
| Weak: Telecoms, Consumer Staples |
Moving the Market
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Weekly MBA Mortgage Applications: -10.4% actual, +11.2% prior December Challenger Job Cuts: -22.1% actual, -34.4% prior December ADP Employment: +215K actual, +140K Briefing.com consensus Weekly initial claims: 372,000 actual, 365,000 Briefing.com consensus, 362,000 prior. Continuing claims rose to 3.245 million from 3.201 million |
European Markets Register Broad Gains
02-Jan-13 12:30 ET
Dow +227.78
at 13331.92,
Nasdaq +68.28
at 3087.79,
S&P +24.94
at 1451.13
[BRIEFING.COM] Quiet trade continues and the S&P 500 is higher by 1.8%.
The key European indices surged following the news of a U.S. budget compromise. France's CAC gained 2.6%, while the United Kingdom's FTSE and Germany's DAX both rose by 2.2%.
France's CAC saw gains among all 40 of its components. Financials were among top performers as BNP Paribas, Credit Agricole, and Societe Generale all jumped in excess of 4.0%.
German stocks were led by financials and producers of basic materials. Commerzbank advanced 3.8% and was the top performing bank. Meanwhile, steelmaker ThyssenKrupp led the materials sector, and settled higher by 4.6%.
In the United Kingdom, miners paced the rally. Eurasian Natural Resources, Glencore International, and Xstrata all booked gains near 7.0%.
Lastly, Spain’s IBEX-35 and Italy’s MIB both jumped over 3.0% on strength in financials and materials.
The key European indices surged following the news of a U.S. budget compromise. France's CAC gained 2.6%, while the United Kingdom's FTSE and Germany's DAX both rose by 2.2%.
France's CAC saw gains among all 40 of its components. Financials were among top performers as BNP Paribas, Credit Agricole, and Societe Generale all jumped in excess of 4.0%.
German stocks were led by financials and producers of basic materials. Commerzbank advanced 3.8% and was the top performing bank. Meanwhile, steelmaker ThyssenKrupp led the materials sector, and settled higher by 4.6%.
In the United Kingdom, miners paced the rally. Eurasian Natural Resources, Glencore International, and Xstrata all booked gains near 7.0%.
Lastly, Spain’s IBEX-35 and Italy’s MIB both jumped over 3.0% on strength in financials and materials.
