Archive for December 23rd, 2011
Stocks rose in quiet, pre-holiday trading Friday. The S&P 500 index turned positive for the year. Traders were relieved by news that Congress extended a payroll tax holiday for workers and emergency unemployment benefits.
The good news is that Wall Street experts think stock prices will rise more than 10 percent next year. The bad news is that they expected big gains in 2011 and got nearly zero instead.
S&P 500 Back to a Gain for 2011 U.S. stocks rose ahead of the holiday weekend as investors cheered a break in the latest congressional deadlock. More from MarketBeat Oil Hits $100 a Barrel
A look at Nasdaq 10 most-active stocks at 1 p.m.: Applied Materials Inc. rose 2.5 percent to $10.80 with 8,442,300 shares traded.
Wall Street stocks rose on Friday as the S&P 500 rallied for a fourth straight day and turned positive for the year after a run of better-than-expected economic data.
Stocks extends gains on light volume Friday as sentiment about the health of the U.S. economy and Europe’s debt crisis improves in the last session before Christmas holiday.
Do you think these insiders are calling it right on their companies?