Figuratively speaking, it was a hot-and-cold session on Wall Street today. In the literal sense, Wall Street -- and all of New York City -- was asked to "prepare for something worse than we have seen before" by Mayor Bill de Blasio, as Winter Storm Juno approached the Northeast. As traders hunkered down -- and digested results of the weekend snap election in Greece -- the Dow Jones Industrial Average (INDEXDJX:DJI) and its sector peers fluctuated between gains and losses, but the blue-chip barometer ultimately resolved to the upside (albeit barely).
Continue reading for more on today's market, including:
The Dow Jones Industrial Average (DJI - 17,678.70) explored a range of nearly 129 points, but essentially called it a draw by the close, adding 6.1 points, or 0.03%. Chevron Corporation (NYSE:CVX) paced the 17 gainers, tacking on 1.9%, while Intel Corporation (NASDAQ:INTC) led the 13 decliners with a 1.8% drop.
The S&P 500 Index (SPX - 2,057.09) also traded on both sides of breakeven, but finished with a gain of 5.3 points, or 0.3%. The Nasdaq Composite (COMP - 4,771.76) dropped out of the gate, but clawed its way higher by midday, adding 13.9 points, or 0.3%.
The CBOE Volatility Index (VIX - 15.52) gave up 1.1 points, or 6.8%, to settle at a session low, marking the "fear barometer's" first finish south of 16 in 2015.
5 Items on Our Radar Today:
For a look at today's options movers and commodities activity, head to page 2.
The Case for Big Moves in IWM and QQQ
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