S&P 500 ekes out meager gains, flirts with bull market confirmation
The S&P 500 closed nominally higher on Thursday, retracing early gains just before the closing bell on the penultimate trading day of 2023.
The benchmark index concluded the light volume session just 0.3% shy of its record closing high, reached on Jan. 3, 2022.
The blue-chip Dow ended modestly green, notching its second record-high closing level in a row, while the Nasdaq finished a hair lower. All three indexes remained on track for monthly, quarterly, and annual gains.
The benchmark index concluded the light volume session just 0.3% shy of its record closing high, reached on Jan. 3, 2022.
The blue-chip Dow ended modestly green, notching its second record-high closing level in a row, while the Nasdaq finished a hair lower. All three indexes remained on track for monthly, quarterly, and annual gains.
- S&P 500 ends 0.3% record closing high
- Weekly jobless claims higher than expected
- China ADRs track domestic blue-chip stocks higher
- Indexes: $Dow Jones Industrial Average(.DJI.US$ up 0.14%, $S&P 500 Index(.SPX.US$ up 0.04%, $Nasdaq Composite Index(.IXIC.US$ off 0.03%
- Weekly jobless claims higher than expected
- China ADRs track domestic blue-chip stocks higher
- Indexes: $Dow Jones Industrial Average(.DJI.US$ up 0.14%, $S&P 500 Index(.SPX.US$ up 0.04%, $Nasdaq Composite Index(.IXIC.US$ off 0.03%
Declining issues outnumbered advancing ones on the NYSE by a 1.00-to-1 ratio; on Nasdaq, a 1.08-to-1 ratio favored decliners.
The S&P 500 posted 49 new 52-week highs and no new lows; the Nasdaq Composite recorded 141 new highs and 37 new lows.
Volume on U.S. exchanges was 9.46 billion shares, compared with the 12.57 billion average for the full session over the last 20 trading days.
The S&P 500 posted 49 new 52-week highs and no new lows; the Nasdaq Composite recorded 141 new highs and 37 new lows.
Volume on U.S. exchanges was 9.46 billion shares, compared with the 12.57 billion average for the full session over the last 20 trading days.
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