S&P 500 faces modest gains

Source: Marketwatch
On Tuesday benchmark S&P 500 Index traded slightly up, gaining 0.11% or 1.39 points and closed at 1,258.47. Minor index's fluctuations indicate that markets are hesitating ahead of European summit on December 9. On the upside were Metropcs Communications and Federated Investors adding 7.78% and 4.69% respectively. Major downside contrition provided Darden Restaurants as its shares plunged 12.38% after the chain lowered its revenue and sales forecast for 2012.

 

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