Investing.com - U.S. stock markets opened higher on the final trading day of the year on Tuesday, with volumes expected to remain light as many investors already closed books before the end of the year.
During U.S. morning trade, the Dow Jones Industrial Average rose 0.2%, S&P 500 increased 0.2%, while the Nasdaq 100 added 0.2%. Wall Street will remain closed on Wednesday for New Year’s Day.
The Dow is up 26% in 2013, the best annual performance since 1996, while the S&P 500 rallied 29%, the biggest annual gain since 1997. The Nasdaq is headed toward a 35% annual gain, which would be its largest since 2009.
Standard & Poor’s with Case-Shiller said earlier that its house price index rose at an annualized rate of 13.6% in October from a year earlier, the strongest pace since February 2006 and above forecasts for an increase of 13%.
Across the Atlantic, the German, Italian, Scandinavian and Swiss markets were all closed on Tuesday, while London, Madrid and Paris opened for a half day. France’s CAC 40 rose 0.46% and Britain's FTSE 100 added 0.22%.
During the Asian trading session, Hong Kong's Hang Seng Index rose 0.26%, while Japan’s Nikkei 225 Index remained shut for a national holiday.
Later in the day, the U.S. was to produce private sector data on consumer confidence as well as a report on manufacturing activity in the Chicago region.
During U.S. morning trade, the Dow Jones Industrial Average rose 0.2%, S&P 500 increased 0.2%, while the Nasdaq 100 added 0.2%. Wall Street will remain closed on Wednesday for New Year’s Day.
The Dow is up 26% in 2013, the best annual performance since 1996, while the S&P 500 rallied 29%, the biggest annual gain since 1997. The Nasdaq is headed toward a 35% annual gain, which would be its largest since 2009.
Standard & Poor’s with Case-Shiller said earlier that its house price index rose at an annualized rate of 13.6% in October from a year earlier, the strongest pace since February 2006 and above forecasts for an increase of 13%.
Across the Atlantic, the German, Italian, Scandinavian and Swiss markets were all closed on Tuesday, while London, Madrid and Paris opened for a half day. France’s CAC 40 rose 0.46% and Britain's FTSE 100 added 0.22%.
During the Asian trading session, Hong Kong's Hang Seng Index rose 0.26%, while Japan’s Nikkei 225 Index remained shut for a national holiday.
Later in the day, the U.S. was to produce private sector data on consumer confidence as well as a report on manufacturing activity in the Chicago region.