How Did the Stock Market Do Today?
Dow Jones: 17,602.61; +185.34; +1.06%
S&P 500: 2,064.29; +25.32; +1.24%
Nasdaq: 5,045.93; +44.82; +0.90%
The Dow Jones Industrial Average today (Wednesday) added more than 185 points as energy stocks surged and economic optimism rallied ahead of the Christmas holiday. Positive data indicated consumer sentiment reached a five-month high in December, while personal income levels ticked up again for the eighth consecutive month in November. The S&P 500 and the Nasdaq received their biggest boosts from biotech giant Celgene Corp. (Nasdaq: CELG), which saw shares pop nearly 10%. The biotech company announced it has settled a patent case tied to its best-selling cancer treatment Revlimid.
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