The Dow Jones Industrial Average held close to the 20,000 milestone, though it could not muster the momentum to secure the marker. Better-than-expected earnings from Nike (NKE) failed to deliver the big bump the blue-chip index needed to cross the threshold. Existing home sales in November hit a nearly nine-year high. That's the latest sign the housing market remains robust even as high prices and constrained supply temper demand. Sales of previously owned homes increased by 0.7%. Crude oil turned lower after a surprise gain in domestic oil inventories over the past week. The EIA reported an increase of 2.26 million barrels to U.S. stockpiles. Accenture (ACN) fell after issuing disappointing guidance for its fiscal 2017. Its current-quarter sales projections also missed estimates.
More from Video
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.
AMSC CEO discusses that and China challenges.