S&P 500 Movers for Wednesday (12/29)
U.S. stock index futures were little changed during overnight trading Wednesday after the S&P 500 and Dow Jones Industrial Average closed at new records.
During regular trading on Wednesday the $S&P 500 Index(.SPX.US$ advanced 0.14% to its 70th record close of the year. This is the second highest number of record closes for the benchmark index during a calendar year, trailing just 1995′s 77 record closing highs.
The $Dow Jones Industrial Average(.DJI.US$ rose 0.25%, to also close at a record — its first since November. The 30-stock benchmark saw its sixth straight positive session. The $Nasdaq Composite Index(.IXIC.US$, however, declined 0.1%. Chip stocks came under pressure, with $Advanced Micro Devices(AMD.US$, $Xilinx(XLNX.US$ and $NVIDIA(NVDA.US$ all declining at least 1%.
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