Stocks Inch Higher Ahead of Last 2 Sessions of 2023

Gold surged to three-week highs today

Managing Editor
Dec 27, 2023 at 4:29 PM
facebook X logo linkedin


While all three indexes remain on track for a ninth-consecutive weekly win, daily performances leaned more muted. The Dow, Nasdaq, and S&P 500 inched higher, while overall trading volume remained light as Wall Street rounds out another calendar year. The latter captured a multi-year high of $4,785 -- within arms' reach of its Dec. 2021 record peak.

Continue reading for more on today's market, including:

Summary 1227

NYSE Nasdaq 1227

5 Things to Know Today

    1. Hollywood and highly sought-after films took over the box office in 2023, and here is a list of some of the most notable. (CNBC)
    2. Three big banking names are joining forces to take part in financing an $11 billion Pattern Energy SunZia Transmission project, which will highlight clean energy infrastructure for the U.S. (MarketWatch)
    3. Fresh record highs could be in store for Nucor stock.
    4. Plunging biotech popular with options traders.
    5. Revamp EV plans send Tesla shares surging.

    There were no earnings of note today.      

    UVOL 1227

    Gold Hits 3-Week Highs as Bond Yields Fall

    Shipment and supply drama continues to unfold and is being watched closely, sending oil futures lower for today's trading. West Texas Intermediate (WTI) crude for February delivery dropped $1.46, or 1.9%, to settle at $74.11 a barrel. 

    In anticipation of 2024 interest rate cuts, bond yields and the U.S. dollar dragged lower, sending gold surging to three-week highs. February-dated gold futures are up $23.30, or 1.1%, at $2,093.10.  

     

    Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

    This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

    On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

    Start targeting gains like the ones our subscribers have seen recently, including:

    213.3% GAIN on AutoNation calls
    100.0% GAIN on Monster Beverage calls
    100.4% GAIN on Walgreens Boots Alliance puts
    100.4% GAIN on ON Semiconductor calls
    257.7% GAIN on Dell calls

    101.0% GAIN on Apollo Global Management calls
    103.6% GAIN on JP Morgan  Chase calls
    105.3% GAIN on DraftKings calls
    101.3% GAIN on Airbnb calls
    203.0% GAIN on Shopify calls
    102.0% GAIN on Cboe Global Markets calls
    100.9% GAIN on Boeing calls
    102.1% GAIN on Microsoft puts
    102.3% GAIN on First Solar calls
    101.5% GAIN on PulteGroup calls
    101.0% GAIN on Apple calls
    209.4% GAIN on NXP Semiconductors calls
    100.8% GAIN on Uber Technologies calls
    100.4% GAIN on Academy Sports and Outdoors puts
    102.2% GAIN on Trade Desk calls
    100.8% GAIN on DoorDash calls
    100.0% GAIN on Camping World Holdings puts
    100.0% GAIN on Cboe Global Markets calls
    100.2% GAIN on C3.ai calls
    238.5% GAIN on Oracle calls

     
     
     


     
     

    Rainmaker Ads CGI