U.S. stocks ended mixed on Thursday, the Dow closed more than two years another new high. The holidays have been to, economic data was mixed, most investors do not want to adjust the positions before the holidays.
At 4:00 p.m. on December 23 EST, the Dow Jones industrial average rose 14.00 points to close at 11,573.49 points, or 0.12%; the Nasdaq composite index fell 5.88 points to close at 2,665.60 points, down 0.22%; the S & P 500 index fell 2.07 points to close at 1,256.77 points, down 0.16%.
Dow has created 29 August 2008 the highest closing price since; intraday Dow rose to 11,580.84 points was the highest, the highest intraday high of two years. Financial sector generally lower. Telecommunications and raw materials sector outperformed the broader market.
Economic data side, the United States in November durable goods orders fell 1.3%, well above the average market forecast of 0.6%. U.S. consumer spending increased slightly in November, while consumer spending in October appeared the largest increase since more than a year. First-time applications for unemployment benefits last week fell by 3,000, to 42 million people, economists had expected a decline in 2000.
U.S. consumer confidence index for December of the final value of 74.5 points. November new home sales of 290,000.
Most investors believe that the holidays approached, no need to adjust positions. As traders left the market started to go on vacation Thursday and volume is thin. U.S. markets were closed Friday.
European stock markets rose slightly on Thursday. New York gold futures fell $ 6.90 to settle at $ 1,380.50 an ounce. Crude oil futures rose $ 1.03, or 1.1%, to close at $ 91.51 a barrel; this week, oil prices increased about 4%.
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