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Wall Street ends the day with little gain as the Dow Jones Industrial Average added 21 points. Mark Lasseigne has your stock market report on today's Acadiana Business Index.

 

 
 
 
 
 
 
  • Both the Nasdaq Composite and the S&P 500 were virtually unchanged. 
 
 
  • On the economic front, U.S. factory orders rose for the first time in three months in November on stronger demand for aircraft and other goods. 
 
 
  • Separately, TrimTabs Investment Research forecast that only 38,000 new jobs were added last month, well below the forecast of 155,000 jobs that economists are expecting in Friday's government jobs report.
 
 
  • Meanwhile, European markets pulled back over liquidity among euro-zone banks. Overnight deposits at the European Central Bank reached an all-time high, suggesting banks remain more willing to park money at the ECB than to lend to other banks.
 
 
  • Encouraging results from some auto makers. For 2011, Ford sales increased 11% and GM's rose 13%. Ford shares rose 1.5%, to 11.30. GM advanced 0.5%, to 21.15.
 
 
  • Crude oil again higher with a possible European Union ban on oil from Iran. Light, sweet crude closed at $103.33 a barrel on the New York Mercantile Exchange.
 
 
  • And gold climbed to $1,613 an ounce.
Mark Lasseigne
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