More from FXstreet.com

American equity markets explode Wednesday

By FXstreet.com,  January 02, 2013, 09:38:00 AM EDT

FXstreet.com (Barcelona) - The US Stock market experienced a dramatic opening Wednesday, as worries that had mounted for months regarding the fiscal cliff were suddenly allayed as US policymakers reached a tentative compromise, thus averting the fiscal cliff.

Beginning with the indices and composites, the NASDAQ climbed +2.57% as it settles in region of 3098.71, up +77.75 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1454.02, gaining +27.47 points or +1.83% at the time of writing. Finally, the Dow Jones has moved higher at the opening as well, trading in the zone of 13291.60, presently +1.43% after an ascent of +187.46 points.

Sectors are all green at the opening, however the Basic Materials and Technology sectors have distinguished themselves as the winners thus far, advancing +2.04% and +1.99% respectively. In other news, the price of crude has settled above USD $91.65 today, moving -0.18%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



Latest News Video

Man Gunned Down For Being Openly Gay
Man Gunned Down For Being Openly Ga...
Commuter Nightmare As Train Crash Cleanup Begins
Commuter Nightmare As Train Crash C...
Body Found During Search For Missing Hiker
Body Found During Search For Missin...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.43 0.07  0.52%
CSCO $ 24.24 0.35  1.48%
MSFT $ 34.87 0.79  2.32%
F $ 15.08 0.44  3.01%
ARUN $ 13.10 4.51  25.61%
SIRI $ 3.50 0.05  1.45%
GE $ 23.46 0.19  0.82%
S $ 7.32 0.04  0.55%