![Small Gains In The Stock Market: Acadiana Business Index](http://townsquare.media/site/36/files/2012/01/Wall-Street-2-Spencer-Platt-Getty-150x150.jpg?w=980&q=75)
Small Gains In The Stock Market: Acadiana Business Index
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.
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