An Hour Ago
Where stocks stand as year-end nears
The three major indexes remain on pace for notable gains this month, quarter and year with just three sessions left by all three measures.
Here’s how much the three have gained in December:
Here’s the advances over the fourth quarter:
- The Dow has gained 12.1%.
- The S&P 500 has gained 11.4%.
- The Nasdaq Composite has gained 14%.
Here’s where the three stand on the year:
- The Dow has gained 13.3%.
- The S&P 500 has gained 24.4%.
- The Nasdaq Composite has gained 44%, on pace for its best year since 2003.
— Alex Harring
An Hour Ago
Ascent Industries climbs after announcing deal to sell business arm
Manufacturing stock Ascent Industries jumped more than 5% in extended trading after announcing the sale of its carbon steel pipe and tubing business.
The Illinois-based company sold the business, called Specialty Pipe & Tube, in an all-cash transaction of around $55 million. Profit from the transaction, which closed Friday, will be used in part to pay down debt, Ascent said in a press release.
Shares have fallen nearly 7% in 2023, bucking the broader market’s ascent.
— Alex Harring
2 Hours Ago
Stock futures are little changed
Stock futures were muted shortly after 6 p.m. ET.
Futures tied to the Dow, S&P 500 and Nasdaq 100 all traded near flat.
— Alex Harring
