Market Recap – December 29, 2016

Mortgage interest rates saw a another increase today as mortgage interest rates climbed to an average 4.32%.   The markets were down with the Dow closing down 13.90 closing at 19,819.78.  The Nasdaq closed down 6.47 to finish the day at 5,432.09 while the S&P closed down .66 to finish at 2,249.26.

Gold finished the day slightly up over $1,162.

Oil finished the day little unchanged from yesterday slightly under the $54 per barrel.

Honda recalled 650,000 minivans to replace the second seats where they may come unhinged during an accident.  Citron put out a report questioning NVDA sending the stock lower but the stock recovered somewhat today.  Amazon announced that tomorrow will be Digital Day.

The top five most active stocks today were BAC, NVDA, CHK, MU, and F.

The top five stocks that gained today were NEM, DLR, ETR, NVDA, and LNT

The top five stocks that fell today were ARNC, CMG, MU, CFG, and QRVO.