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Daily Recap

Stocks generally continued their holiday celebrations today. The Asian Dow finished with a modest 0.22% gain, impressive considering that Hyundai Heavy Industries lost more than 25% of its value in one day, and the Shanghai index fell nearly a full percent. The London exchange hit new highs in thin trading, encouraged by once-again higher metals prices, which boosted the FTSE's many mining enterprises. Despite minor losses in German, Spanish, and Italian share prices, the STOXX 600 managed a slight 0.07% gain.

 

In the US, most stock indices were modestly higher, led by health care and tech issues, with the Dow Jones Utility Average being the exception as it closed below its October lows. What's going on there? We'll take a closer look soon. By the close, though, it was the Dow Industrials up 28 points, the S&P 500 up 2, and the NASDAQ up 3 points. NYSE gainers beat losing issues ... Log in or subscribe to continue reading.


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