EST at 15:14 on December 20 (Beijing time at 4:14 on December 21), the Dow Jones Industrial Average fell 2.76 points, at 11,489.15 points, down 0.02%; the Nasdaq composite index rose 9.44 points to 2,652.41 points, or 0.36%; Standard & Poor's 500 index rose 3.92 points to 1,247.83 points, or 0.32%.
However, institutional investors Cantor Fitzgerald U.S. market strategist Marc - Pardo (Marc Pado) that since the fourth quarter results of listed companies is very strong, the stock market despite the overbought in the short term, but the gains are still expected to continue into next January.
Pado said, "There is no doubt that the market has been overbought, but momentum is driving the market higher performance of listed companies, worth looking forward to the Christmas market."
The Dow rose 0.7% last week and has been rising for three consecutive weeks. Dow so far this year has already risen more than 10%. Dow 30 industrial stocks, 20 stocks rose. Credit card issuer American Express (AXP) shares fell 4%. Previously announced brokerage Stifel Nicolaus cut its rating from "buy" to "hold."
Boeing (BA) fell 3% after a decline in the Dow component American Express because of fears the company will once again be delayed 787 Dreamliner delivery time.
Chip maker Intel (INTC) fell 0.9%, after "The Wall Street Journal" reported that European regulators are evaluating the proposed acquisition of Intel McAfee Inc offer.
30 yr fixed mortgage rates
interest only loans
interest only loans rates
interest only mortgage rates
quantitative easing
china inflation
china inflation rate