Apple, S&P hit record, Dow reclaims 36,000
Sony & Disney-Marvel's 'Spiderman: No Way Home' grossed $1B worldwide
How investors can position themselves for a profitable 2022
Peapack Private Wealth Management principal David Dietze, Main Street Asset Management CIO Erin Gibbs and economist Peter Morici discuss the economic impact of omicron on 'Making Money.'
U.S. stocks hit fresh highs on the first day of the final trading week of the year with the S&P 500 at a new record helped by gains in large-cap tech and energy names.
The broadest measure of stocks rose 1.4%, while the Nasdaq Composite advanced by the same amount, and the Dow Jones Industrial Average rallied over 352 points or 0.9% just shy of its all-time high.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| SP500 | S&P 500 | 7743.41 | +39.28 | +0.51% |
| I:COMP | NASDAQ COMPOSITE INDEX | 27068.716462 | +129.34 | +0.48% |
| SP500 | S&P 500 | 7743.41 | +39.28 | +0.51% |
Exchange-traded funds that track the S&P also got a lift.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| SPY | STATE STREET® SPDR® S&P 500® ETF TRUST - USD DIS | 771.35 | +4.17 | +0.54% |
| IVV | ISHARES CORE S&P 500 ETF - USD DIS | 774.83 | +4.21 | +0.55% |
| VOO | VANGUARD S&P 500 ETF - USD DIS | 710.79 | +3.80 | +0.54% |
All the major averages rose despite shares of airlines being under pressure as reports mount over hundreds of weekend cancellations even as travel rebounded with more than 2 million hitting the skies in a pandemic rebound.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| DAL | DELTA AIR LINES INC. | 84.94 | +2.18 | +2.63% |
| AAL | AMERICAN AIRLINES GROUP INC. | 13.87 | +0.52 | +3.90% |
| LUV | SOUTHWEST AIRLINES CO. | 42.68 | +1.13 | +2.72% |
| UAL | UNITED AIRLINES HOLDINGS INC. | 113.99 | +2.80 | +2.52% |
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GoDaddy shares rose after activist firm Starboard disclosed a 6.5% stake in the company.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| GDDY | GODADDY INC. | 97.14 | -3.67 | -3.64% |
Vaccine makers were actively traded. Novavax shares dipped despite reporting its two-dose vaccine responded strongly to the omicron variant. Moderna and Pfizer shares were mixed.
WATCH: NOVAVAX CEO TALKS TWO-DOSE OMICRON TREATMENT
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| NVAX | NOVAVAX INC. | 10.63 | +0.03 | +0.28% |
| MRNA | MODERNA INC. | 198.88 | +4.06 | +2.08% |
| PFE | PFIZER INC. | 28.67 | +0.26 | +0.92% |
Sony and Disney's Marvel are in focus after "Spiderman: No Way Home" ticket sales crossed $1 billion at the worldwide box office, a pandemic record.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| SONY | SONY GROUP CORP. | 23.55 | +0.56 | +2.44% |
| DIS | THE WALT DISNEY CO. | 106.15 | +0.59 | +0.56% |
Apple hit its 24th record close of the year, moving closer to becoming the first company valued at $3 trillion. Shares need to cross and close above $182.85 to mark the milestone. Microsoft is right behind with a market value of $2.5 trillion.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| AAPL | APPLE INC. | 341.07 | +5.15 | +1.53% |
| MSFT | MICROSOFT CORP. | 516.17 | +18.24 | +3.66% |
In commodities, oil jumped 2.4% to $75.57 per barrel, while gold was little changed closing at $1,808 an ounce.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| USO | UNITED STATES OIL FUND - USD ACC | 148.33 | -4.76 | -3.11% |
| GLD | SPDR GOLD SHARES TRUST - USD ACC | 393.41 | +1.72 | +0.44% |