Closing out the day… Stocks gave back some of their gains from earlier in the week as the ongoing negotiations toward a solution to the Fiscal Cliff appear to have slowed down.
Among the high-volume stocks today VMWAre (VMW), Focus Media Holding (FMCN) and J.C. Penney (JCP) posted gains while Bristol Myers Squibb (BMY), Target Corp. (TGT) and Baker Hughes (BHI) all moved lower. The Chicago Board Options Exchange Volatility Index closed the day up 1.83 at 17.40 an 11.75% increase. The Put/Call Volume Ratio is at 0.63 while the Put/Call Open Interest ratio is at 0.94. [InvestorsKeyhole, various news and data sources]