| Index | Last | Chg | % Chg |
| DJ Industrials | 12980.88 | 181.84 | 1.42% |
| Nasdaq Comp | 2596.6 | 34.45 | 1.34% |
| S&P 500 | 1440.7 | 23.93 | 1.69% |
| DJ Wilshire 5K | 14518.18 | 229.89 | 1.61% |
| Russell 2000 | 755.03 | 14.73 | 1.99% |
| Nasdaq 100 | 2028.9 | 22.52 | 1.12% |
| Issues | NYSE | Nasdaq | Amex |
| Advancing | 2,660 | 2,144 | 741 |
| Declining | 553 | 689 | 329 |
| Unchanged | 67 | 109 | 72 |
| Total | 3,280 | 2,942 | 1,142 |
| New 52 Week High | 25 | 10 | 16 |
| New 52 Week Low | 100 | 113 | 37 |
| Total | 668,860,930 | 805,901,401 | 22,236,470 |
| Advancing | 620,579,080 | 676,227,348 | 17,575,980 |
| Declining | 45,964,550 | 121,829,802 | 4,306,390 |
| Unchanged | 2,317,300 | 7,844,251 | 354,100 |
| Futures | Last | Change |
| Crude Oil | 98.3 | 1.01 |
| Natural Gas, Jan | 8.006 | 0.136 |
| Gold, Dec. | 824.3 | 25.7 |
WEEKLY CHANGES:
| Index | 1W % Chg | 2W % Chg |
| DJ Industrials | -1.49% | -0.47% |
| Nasdaq Comp | -1.54% | -1.19% |
| S&P 500 | -1.24% | -0.89% |
| DJ Wilshire 5K | -1.42% | -1.30% |
| Russell 2000 | -1.88% | -2.25% |
| Nasdaq 100 | -0.96% | -0.27% |
From Briefing.com:
| Moving the Market |  | Sector Watch |
| Stock market closed early at 13:00 ET No economic releases today WSJ reports that GMAC Financial Services and its owners are exploring options to salvage its unprofitable mortgage arm Broad-based, low volume rally led by financials | Strong: real estate management & development; thrifts & mortgages; general merchandise stores; homebuilding; diversified banks; investment banks & brokerages; regional banks; diversified metals & minerals; building products; oil & gas drilling Weak: |
The stock market finished significantly higher on Friday, ending a dismal week on a high note. The S&P 500 has recovered into positive territory year-to-date. The holiday-shortened session had a small amount of corporate news, and there were no economic releases. The gains today were primarily a rebound bid coming off this week's strikingly poor performance. Topping headlines this morning, The Wall Street Journal reported GMAC Financial Services and its owners are exploring options to salvage its unprofitable mortgage arm, and they are undertaking a debt buyback of as much as $750 million. The moves are aimed at shoring up Residential Capital, known as ResCap. General Motors (GM 27.16, +0.77) is part owner of GMAC. Shares of E*Trade (ETFC 5.33, +1.07) skyrocketed 25% after a CNBC analyst said the company is in talks to sell itself, according to people familiar with the situation. The analyst also mentioned there is plenty of interest, but says it is unclear anything will get done. All ten economic sectors finished in the green, with the financial sector providing leadership (+3.0%). The S&P 500 Retailing Index (2.6%) also outperformed, and was a focus of attention as today is known as "Black Friday", which marks the start of the Holiday shopping season. Defensive oriented sectors, such as utilities (+0.2%) and consumer staples (+1.0%) underperformed on a relative basis. December gold futures ($822.50, +23.96) rallied today after the euro hit another all-time high overnight against the dollar ($1.4967) and the yen fell below 108 for the first time in two years (107.56). |
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